1 Mo 5.40   |   2 Mo 5.46   |   3 Mo 5.50   |   4 Mo 5.45   |   6 Mo 5.37   |   1 Yr 5.09   |   2 Yr 4.69   |   3 Yr 4.43   |   5 Yr 4.24   |   7 Yr 4.22   |   10 Yr 4.22   |   20 Yr 4.47   |   30 Years 4.36   |  

Source: US Dept. of Treasury End of Day

Market Updates

Weekly Economic Update: June 3, 2024

• Yields fell over the week with the two-year Treasury note falling by eight basis points to 4.88% while the five-year note decreased by two basis points to 4.51%.

• Deflation continued to stall as the Fed preferred inflation gauge, core PCE went unchanged in April, matching expectations and advancing by 0.2% for the month and 2.8% over the trailing twelve months.

• Higher interest rates may be finally catching up with the consumer as personal spending and real personal spending both came in lower than expected in April at 0.2% and -0.1%, respectively.

• Click the link below to read the full article.

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