November 2020

KEY OBSERVATIONS
For the month of November 2020, the yield on the 5-year US Treasury Note ended at 0.36%, 3 basis points lower from the previous month. The Bloomberg Barclays US High Yield Index tightened by 97 basis points to 4.12% over Treasuries. The BB Rated Corporate Credit Spread decreased by 77 basis points to 2.96%. The B Rated Corporate Credit Spread tightened by 99 basis points to 4.33%. The CCC Rated Corporate Credit Spread decreased by 177 basis points to 8.56%.