1 Mo 5.54 | 2 Mo 5.59 | 3 Mo 5.58 | 4 Mo 5.62 | 6 Mo 5.53 | 1 Yr 5.49 | 2 Yr 5.10 | 3 Yr 4.89 | 5 Yr 4.67 | 7 Yr 4.69 | 10 Yr 4.61 | 20 Yr 4.91 | 30 Years 4.73 |
Market Updates
Weekly Economic Update: April 12th, 2021
• Bond yields fell during the week as the two-year Treasury note decreased by four basis points to 0.15% while the five-year note decreased by eleven basis points to 0.87%.
• The headline and core producer price indexes came in at a notable 1.0% and 0.6%, respectively, as signs of inflation begin to show.
• Neither markets nor the Fed were surprised with the inflation readings as we begin to enter a period of widely expected transient inflation.
• The ISM non-manufacturing index came in above expectations as warm weather, and continued vaccine rollouts breathe life into the battered services sectors.