1 Mo 5.31 | 2 Mo 5.31 | 3 Mo 5.55 | 4 Mo 5.54 | 6 Mo 5.52 | 1 Yr 5.22 | 2 Yr 4.46 | 3 Yr 4.10 | 5 Yr 3.81 | 7 Yr 3.75 | 10 Yr 3.69 | 20 Yr 4.06 | 30 Years 3.90 |
Market Updates
Weekly Economic Update: August 23rd, 2021
• Yields exhibited little movement last week with the two-year Treasury note increasing by two basis points to 0.23% while the five-year note was unchanged at 0.78%.
• Retail sales fell more than anticipated declining 1.1% in July while the control group for June was revised upward to 1.4% rendering the July numbers less alarming.
• The Delta variant continues to overhang the recovery even without lockdowns in place as high frequency data show renewed weakness in restaurant reservations and air travel.