April 2021
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%.