December 2021
KEY OBSERVATIONS
For the month of December 2021, the yield on the 10-year US Treasury Note ended at 1.51%, 6 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 7 basis points to 0.92% over Treasuries. The A Rated Corporate Credit Spread decreased by 6 basis points to 0.74%. The BBB Rated Corporate Credit Spread decreased by 8 basis points to 1.13%.