Key Observations
For the month of May 2019, the yield on the 10-year US Treasury Note ended at 2.13%, 37 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 17 basis points to 1.28% over Treasuries. The A Rated Corporate Credit Spread increased by 15 basis points to 1.00%. The BBB Rated Corporate Credit Spreads widened by 21 basis points to 1.62%.