KEY OBSERVATIONS
For the month of May 2021, the yield on the 10-year US Treasury Note ended at 1.60%, 3 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index tightened by 4 basis points to 0.84% over Treasuries. The A Rated Corporate Credit Spread decreased by 4 basis points to 0.65%. The BBB Rated Corporate Credit Spread decreased by 5 basis points to 1.04%.
KEY OBSERVATIONS
For the month of April 2021, the yield on the 10-year US Treasury Note ended at 1.63%, 11 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index tightened by 3 basis points to 0.88% over Treasuries. The A Rated Corporate Credit Spread decreased by 2 basis points to 0.69%. The BBB Rated Corporate Credit Spread decreased by 3 basis points to 1.09%.
KEY OBSERVATIONS
For the month of March 2021, the yield on the 10-year US Treasury Note ended at 1.74%, 33 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index widened by 1 basis point to 0.91% over Treasuries. The A Rated Corporate Credit Spread increased by 2 basis points to 0.71%. The BBB Rated Corporate Credit Spread decreased by 1 basis point to 1.12%.
KEY OBSERVATIONS
For the month of February 2021, the yield on the 10-year US Treasury Note ended at 1.41%, 34 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 7 basis points to 0.90% over Treasuries. The A Rated Corporate Credit Spread decreased by 6 basis points to 0.69%. The BBB Rated Corporate Credit Spread decreased by 8 basis points to 1.13%.
KEY OBSERVATIONS
For the month of January 2021, the yield on the 10-year US Treasury Note ended at 1.07%, 15 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index widened by 1 basis point to 0.97% over Treasuries. The A Rated Corporate Credit Spread increased by 2 basis points to 0.75%. The BBB Rated Corporate Credit Spread remained the same at 1.21%.
KEY OBSERVATIONS
For the month of December 2020, the yield on the 10-year US Treasury Note ended at 0.92%, 8 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 8 basis points to 0.96% over Treasuries. The A Rated Corporate Credit Spread decreased by 6 basis points to 0.73%. The BBB Rated Corporate Credit Spread tightened by 12 basis points to 1.21%.
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%.
KEY OBSERVATIONS
For the month of October 2020, the yield on the 10-year US Treasury Note ended at 0.88%, 19 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 11 basis points to 1.25% over Treasuries. The A Rated Corporate Credit Spread decreased by 10 basis points to 0.94%. The BBB Rated Corporate Credit Spread tightened by 13 basis points to 1.60%.
KEY OBSERVATIONS
For the month of September 2020, the yield on the 10-year US Treasury Note ended at 0.69%, 2 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 7 basis points to 1.36% over Treasuries. The A Rated Corporate Credit Spread increased by 7 basis points to 1.04%. The BBB Rated Corporate Credit Spread widened by 6 basis points to 1.73%.
Key Observations
For the month of August 2020, the yield on the 10-year US Treasury Note ended at 0.71%, 18 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 4 basis points to 1.29% over Treasuries. The A Rated Corporate Credit Spread remained the same at 0.97%. The BBB Rated Corporate Credit Spread tightened by 6 basis points to 1.67%