January 2024

KEY OBSERVATIONS
For the month of January 2024, the yield on the 10-year US Treasury Note ended at 3.91%, 3 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 3 basis points to 0.96% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.82%. The BBB Rated Corporate Credit Spread decreased by 3 basis points to 1.18%.