March 2022

KEY OBSERVATIONS
For the month of March 2022, the yield on the 10-year US Treasury Note ended at 2.34%, 51 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 6 basis points to 1.16% over Treasuries. The A Rated Corporate Credit Spread decreased by 8 basis points to 0.94%. The BBB Rated Corporate Credit Spread decreased by 4 basis points to 1.42%.