May 2020

KEY OBSERVATIONS
For the month of May 2020, the yield on the 10-year US Treasury Note ended at 0.65%, 1 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 28 basis points to 1.74% over Treasuries. The A Rated Corporate Credit Spread decreased by 22 basis points to 1.31%. The BBB Rated Corporate Credit Spread tightened by 36 basis points to 2.28%.