1 Mo 5.53   |   2 Mo 5.50   |   3 Mo 5.45   |   4 Mo 5.43   |   6 Mo 5.30   |   1 Yr 5.01   |   2 Yr 4.64   |   3 Yr 4.43   |   5 Yr 4.26   |   7 Yr 4.28   |   10 Yr 4.25   |   20 Yr 4.51   |   30 Years 4.38   |  

Source: US Dept. of Treasury End of Day

Market Updates

Weekly Economic Update: June 14th, 2021

• Yields were mixed as the two-year Treasury note finished the week two basis points higher at 0.17% while the five-year note ended the week four basis points lower at 0.74%.

• The inflation debate picked up momentum last week as CPI for May came in above expectations at 0.6% and lifted the annual rate to 5.0%.

• Market reactions were muted as the ten-year Treasury note yield fell to a three-month low while the S&P 500 set an all time high on the day of the release.

• The labor market remains in disarray as job openings in April surged to a record high while many businesses continue to struggle to find workers.

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