1 Mo 5.50   |   2 Mo 5.50   |   3 Mo 5.40   |   4 Mo 5.37   |   6 Mo 5.19   |   1 Yr 4.82   |   2 Yr 4.37   |   3 Yr 4.24   |   5 Yr 4.12   |   7 Yr 4.20   |   10 Yr 4.28   |   20 Yr 4.62   |   30 Years 4.54   |  

Source: US Dept. of Treasury End of Day

Market Updates

Weekly Economic Update: August 17th, 2020

• Treasury yields rose over the week as the two-year Treasury note increased by two basis points to 0.15% while the five-year note increased by eight basis points to 0.30%.

• Lawmakers went into recess with out a stimulus deal in place and they are not expected to reconvene until after Labor Day, the lack of a finalized relief package is sure to dampen upcoming economic activity and any momentum the recovery has built.

• The Fed has not shifted from its lead footed, policy stance despite decreasing initial claims and CPI posting back to back monthly gains of 0.6%. Yearly CPI at 1.6%, is still well below the Fed’s target and the presence of ongoing deflationary risks coupled with significant economic uncertainty does not warrant a shift in policy anytime soon.

Scroll to Top