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: June 24, 2024

• Yields increased slightly over the week with the two-year Treasury note rising by two basis points to 4.74% while the five-year note increased by three basis points to 4.28%.

• Retail sales advanced by a less than expected 0.1% in May while April was revised down to a -0.2% pullback as consumer spending continues to lose momentum.

• While the retail sales report focuses mostly on goods and was largely influenced by a drop in gasoline prices in May, the single services category, sales at restaurants and bars, unexpectedly contracted by -0.4% potentially signaling waning demand for services.

• Click the link below to read the full article.

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