1 Mo 4.59   |   2 Mo 4.53   |   3 Mo 4.46   |   4 Mo 4.46   |   6 Mo 4.38   |   1 Yr 4.23   |   2 Yr 4.15   |   3 Yr 4.10   |   5 Yr 4.07   |   7 Yr 4.12   |   10 Yr 4.17   |   20 Yr 4.43   |   30 Years 4.33   |  

Source: US Dept. of Treasury End of Day

Market Updates

Weekly Economic Update: August 3rd, 2020

• Treasury yields declined over the week as the two-year note fell by four basis points to 0.11% while the five-year note slipped six basis points to 0.21%.

• GDP annualized quarter over quarter contracted by 32.9%.

• Lawmakers are still undecided over the weekly amount to be received in continuing the federal unemployment benefit as well as the amount of continued stimulus for state and local governments.

• The FOMC statement released last week following the Fed meeting reiterated the message that “The path of the economy will depend significantly on the course of the virus.”

Scroll to Top