1 Mo 5.40   |   2 Mo 5.46   |   3 Mo 5.50   |   4 Mo 5.45   |   6 Mo 5.37   |   1 Yr 5.09   |   2 Yr 4.69   |   3 Yr 4.43   |   5 Yr 4.24   |   7 Yr 4.22   |   10 Yr 4.22   |   20 Yr 4.47   |   30 Years 4.36   |  

Source: US Dept. of Treasury End of Day

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.

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