May 2022

KEY OBSERVATIONS
For the month of May 2022, the yield on the 10-year US Treasury Note ended at 2.85%, 9 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 5 basis points to 1.30% over Treasuries. The A Rated Corporate Credit Spread decreased by 7 basis points to 1.05%. The BBB Rated Corporate Credit Spread decreased by 2 basis points to 1.61%.