October 2024

KEY OBSERVATIONS
For the month of October 2024, the yield on the 10-year US Treasury Note ended at 4.29%, 51 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 5 basis points to 0.84% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.70%. The BBB Rated Corporate Credit Spread tightened by 8 basis points to 1.03%.