July 2019

Key Observations
For the month of July 2019, the yield on the 10-year US Treasury Note ended at 2.02%, 1 basis point higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 7 basis points to 1.08% over Treasuries. The A Rated Corporate Credit Spread decreased by 6 basis points to 0.82%. The BBB Rated Corporate Credit Spreads tightened by 8 basis points to 1.38%