1 Mo 5.31 | 2 Mo 5.31 | 3 Mo 5.55 | 4 Mo 5.54 | 6 Mo 5.52 | 1 Yr 5.22 | 2 Yr 4.46 | 3 Yr 4.10 | 5 Yr 3.81 | 7 Yr 3.75 | 10 Yr 3.69 | 20 Yr 4.06 | 30 Years 3.90 |
Market Updates
Weekly Economic Update: June 29th, 2020
• Bond yields fell slightly over the week with the two-year Treasury note declining by three basis points to 0.17% while the five-year note finished the week two basis points lower at a yield of 0.30%.
• Equities traded lower over the week as new infections surged in multiple states, halting reopenings. Apple voluntarily shuttered storefronts in areas with a high number of new infections and Disneyland decided to postpone its planned, July reopening.
• New home sales and durable goods orders both exceeded expectations and barring a second wave of infections the foundation has been laid for a significant snap back in growth during the third quarter.