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 6th, 2020
• Bond yields declined marginally last week as the two-year Treasury note fell by 3 basis points to 0.22% while the five-year note finished only one basis point lower at a yield of 0.39%.
• The unemployment rate in March spiked from 3.5% to 4.4%, the largest monthly increase in 45 years.
• The last U.S. recession persisted for six quarters. The severity and duration of the upcoming recession is still an open-ended question, but the economic outlook could become increasingly dim if the viral pandemic fails to slow.