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FRED ~ - Moody's Seasoned Baa Corporate Bond Yield - Moody's Seasoned Aaa Corporate Bond Yield 17.5 15.0 12.5 10.0 Percent 7.5 5.0 2.5 0.0

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FRED ~ - Moody's Seasoned Baa Corporate Bond Yield - Moody's Seasoned Aaa Corporate Bond Yield 17.5 15.0 12.5 10.0 Percent 7.5 5.0 2.5 0.0 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Shaded areas indicate U.S. recessions. Source: Moody' s fred.stlouisfed.org

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