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: December 13th, 2021
• Yields moved higher over the week with the two-year Treasury note rising by six basis points to 0.66% while the five-year note increased by eleven basis points to 1.25%.
• Inflation readings continue to run hot, but in line with expectations as headline CPI accelerated 0.8% in November and 6.8% over the year, core CPI which excludes more volatile food and energy prices increased 0.5% over the month and 4.9% over the year.
• Markets and investors are awaiting the FOMC who will begin their two-day meeting tomorrow where it is widely expected they will increase the pace of their taper as the recovery remains strong and inflation gains traction.