1 Mo 5.50   |   2 Mo 5.50   |   3 Mo 5.40   |   4 Mo 5.37   |   6 Mo 5.19   |   1 Yr 4.82   |   2 Yr 4.37   |   3 Yr 4.24   |   5 Yr 4.12   |   7 Yr 4.20   |   10 Yr 4.28   |   20 Yr 4.62   |   30 Years 4.54   |  

Source: US Dept. of Treasury End of Day

Market Updates

Weekly Economic Update: July 1, 2024

• Yields increased over the week with the two-year Treasury note rising by three basis points to 4.77% while the five-year note increased by ten basis points to 4.38%.

• Core PCE matched expectations advancing by 0.1% in May and 2.6% over the trailing 12 months, down from a respective 0.3% and 2.8% in April as the disinflationary trend appears to be reemerging.

• Consumers bounced back in May with real personal spending increasing by 0.3% in the month and was more than supported by a 0.5% jump in personal income.

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