January 2023

KEY OBSERVATIONS
For the month of January 2023, the yield on the 10-year US Treasury Note ended at 3.51%, 37 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 13 basis points to 1.17% over Treasuries. The A Rated Corporate Credit Spread decreased by 12 basis points to 0.97%. The BBB Rated Corporate Credit Spread decreased by 15 basis points to 1.44%.