1 Mo 4.31 | 2 Mo 4.51 | 3 Mo 4.52 | 4 Mo 4.79 | 6 Mo 4.71 | 1 Yr 4.26 | 2 Yr 3.81 | 3 Yr 3.68 | 5 Yr 3.44 | 7 Yr 3.45 | 10 Yr 3.39 | 20 Yr 3.76 | 30 Years 3.60 |
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.