November 2023

KEY OBSERVATIONS
For the month of November 2023, the yield on the 10-year US Treasury Note ended at 4.33%, 60 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 25 basis points to 1.04% over Treasuries. The A Rated Corporate Credit Spread decreased by 25 basis points to 0.88%. The BBB Rated Corporate Credit Spread decreased by 26 basis points to 1.30%.