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: March 29th, 2021

• Bond yields declined slightly over the week with the two-year and five-year Treasury notes both falling by two basis points to 0.14% and 0.87%, respectively.

• Real personal spending for February registered a weak -1.2% as a short lapse in transfer payments coupled with inclement weather kept consumers indoors and without the funds to spend, however, January was revised up a full percentage point to 3.0%.

• The previously mentioned lapse in transfer payments also distorted personal income data for February, which fell by 7.1%, the largest monthly decrease ever recorded.

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