1 Mo 5.56 | 2 Mo 5.61 | 3 Mo 5.56 | 4 Mo 5.61 | 6 Mo 5.53 | 1 Yr 5.46 | 2 Yr 5.04 | 3 Yr 4.83 | 5 Yr 4.62 | 7 Yr 4.63 | 10 Yr 4.59 | 20 Yr 4.90 | 30 Years 4.71 |
Market Updates
Weekly Economic Update: March 2nd, 2020
• Virus fears ravaged bond yields as two-year and five-year Treasury notes fell by approximately 40 basis points ending the week at yields of 0.91% and 0.94%, respectively.
• Protectionist measures to contain the virus will undoubtedly drag on growth and the longer these measures remain necessary, the potential severity of hinderance increases.
• Markets are now calling for multiple cuts during 2020 as the Fed Funds futures market is forecasting a 100% chance of a reduction at the upcoming Fed meeting on March 18th.