1 Mo 5.49   |   2 Mo 5.50   |   3 Mo 5.46   |   4 Mo 5.44   |   6 Mo 5.40   |   1 Yr 5.17   |   2 Yr 4.89   |   3 Yr 4.78   |   5 Yr 4.64   |   7 Yr 4.66   |   10 Yr 4.65   |   20 Yr 4.88   |   30 Years 4.78   |  

Source: US Dept. of Treasury End of Day

Market Updates

GPA Weekly Economic Update 11-2-2018 (November 5, 2018)

After suffering through a dispiriting month, investors looked to November with hopeful eyes. So far, things look mildly promising, as a powerful three-day rally more than overshadowed a modest setback in stock prices on Friday. Thanks to the modest rebound for the week as a whole, concerns about the wealth effect on the economy (more than $2 trillion in U.S. equity value was wiped out last month) or a possible Fed response to a potential market correction have subsided. As usual, pundits with 20-20 hindsight are offering a litany of explanations for the turnaround in stock prices, including favorable earnings reports for the third quarter and lessened fears of a trade war after President Trump on Thursday stated he had a positive conversation with President Xi of China. Unfortunately, that upbeat news of a possible deal was rescinded by the administration on Friday, which contributed to the market sell-off at the end the week.

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