September 2024
KEY OBSERVATIONS
For the month of September 2024, the yield on the 10-year US Treasury Note ended at 3.78%, 12 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 4 basis points to 0.89% over Treasuries. The A Rated Corporate Credit Spread decreased by 5 basis points to 0.73%. The BBB Rated Corporate Credit Spread tightened by 3 basis points to 1.11%.