September 2023

KEY OBSERVATIONS
For the month of September 2023, the yield on the 10-year US Treasury Note ended at 4.57%, 46 basis points higher from the previous month. The Bloomberg US Corporate Index widened by 3 basis points to 1.21% over Treasuries. The A Rated Corporate Credit Spread increased by 4 basis points to 1.05%. The BBB Rated Corporate Credit Spread increased by 3 basis points to 1.47%.