July 2021

KEY OBSERVATIONS
For the month of July 2021, the yield on the 10-year US Treasury Note ended at 1.22%, 25 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 6 basis points to 0.86% over Treasuries. The A Rated Corporate Credit Spread increased by 5 basis points to 0.68%. The BBB Rated Corporate Credit Spread increased by 5 basis points to 1.05%.