September 2022
KEY OBSERVATIONS
For the month of September 2022, the yield on the 10-year US Treasury Note ended at 3.83%, 63 basis points higher from the previous month. The Bloomberg US Corporate Index widened by 19 basis points to 1.59% over Treasuries. The A Rated Corporate Credit Spread increased by 21 basis points to 1.35%. The BBB Rated Corporate Credit Spread increased by 18 basis points to 1.92%.