Source: US Dept. of Treasury End of Day
• The yield curve flattened during the week with two-year Treasury yields rising by four basis points to 4.68% while five-year notes finished the week unchanged at 4.28%.
• The minutes from the latest Fed policy meeting showed that the FOMC still sees more downside risk to the economy by cutting rates prematurely while some members voiced concern of potentially stalling disinflation.
• The current week brings a slew of economic data releases, notably a second look at Q4 2023 GDP growth due out Wednesday, January PCE and consumer spending on Thursday and UM sentiment on Friday.
