1 Mo 5.54 | 2 Mo 5.59 | 3 Mo 5.58 | 4 Mo 5.62 | 6 Mo 5.53 | 1 Yr 5.49 | 2 Yr 5.10 | 3 Yr 4.89 | 5 Yr 4.67 | 7 Yr 4.69 | 10 Yr 4.61 | 20 Yr 4.91 | 30 Years 4.73 |
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.