1 Mo 5.56 | 2 Mo 5.61 | 3 Mo 5.56 | 4 Mo 5.61 | 6 Mo 5.53 | 1 Yr 5.46 | 2 Yr 5.04 | 3 Yr 4.83 | 5 Yr 4.62 | 7 Yr 4.63 | 10 Yr 4.59 | 20 Yr 4.90 | 30 Years 4.71 |
Market Updates
Weekly Economic Update: February 8th, 2021
• The yield curve steepened during the week with the two-year Treasury note remaining constant at 0.11% while the five-year note increased by five basis points to 0.47%.
• The economy added 49 thousand jobs in January, missing expectations of 105 thousand, the soft reading was also accompanied by significant downward revisions to November and December.
• The health crisis continues to be improving with cases falling considerably in January and vaccine distribution improving, however herd immunity is still considered to be months away.