July 2024

KEY OBSERVATIONS
For the month of July 2024, the yield on the 10-year US Treasury Note ended at 4.03%, 37 basis points lower from the previous month. The Bloomberg US Corporate Index remained the same at 0.94% over Treasuries. The A Rated Corporate Credit Spread remained the same at 0.81%. The BBB Rated Corporate Credit Spread remained the same at 1.14%.