October 2025

KEY OBSERVATIONS
For the month of October 2025, the yield on the 10-year US Treasury Note ended at 4.08%, 7 basis points lower from the previous month. The Bloomberg US Corporate Index widened by 4 basis points to 0.78% over Treasuries. The A Rated Corporate Credit Spread increased by 4 basis points to 0.65%. The BBB Rated Corporate Credit Spread increased by 6 basis points to 0.98%.