1 Mo 4.77   |   2 Mo 4.88   |   3 Mo 5.06   |   4 Mo 5.21   |   6 Mo 5.34   |   1 Yr 5.25   |   2 Yr 5.05   |   3 Yr 4.71   |   5 Yr 4.34   |   7 Yr 4.19   |   10 Yr 3.98   |   20 Yr 4.11   |   30 Years 3.88   |  

Market Updates

Weekly Economic Update: April 11th, 2022

• The yield curve steepened over the week with the two-year Treasury note advancing by only one basis point to 2.47% while the five-year note increased by twelve basis points to 2.69%.

• Hawkish comments from Fed Presidents Lael Brainard and James Bullard as well as the release of the FOMC minutes sparked a steepening in the yield curve as the yield on ten-year Treasury notes surged by more than 30 basis points eclipsing a three year high of 2.70%.

• The minutes released by the FOMC revealed not only a committee that is finding consensus support for increasingly hawkish policy, but also noted a significant increase in the pace of its balance sheet reduction which the Fed plans to reduce its $4.5 trillion in assets by $1.1 trillion over the next year.

Scroll to Top