Key Observations
For the month of March 2019, the yield on the 10-year US Treasury Note ended at 2.41%, 31 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index tightened by 4 basis points to 1.19% over Treasuries. The A Rated Corporate Credit Spread decreased by 2 basis points to 0.91%. The BBB Rated Corporate Credit Spreads tightened by 6 basis points to 1.53%.