May 2021

KEY OBSERVATIONS
For the month of May 2021, the yield on the 10-year US Treasury Note ended at 1.60%, 3 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index tightened by 4 basis points to 0.84% over Treasuries. The A Rated Corporate Credit Spread decreased by 4 basis points to 0.65%. The BBB Rated Corporate Credit Spread decreased by 5 basis points to 1.04%.