1 Mo 4.36   |   2 Mo 4.38   |   3 Mo 4.34   |   4 Mo 4.35   |   6 Mo 4.22   |   1 Yr 3.99   |   2 Yr 3.81   |   3 Yr 3.82   |   5 Yr 3.95   |   7 Yr 4.13   |   10 Yr 4.34   |   20 Yr 4.82   |   30 Years 4.80   |  

Source: US Dept. of Treasury End of Day

Market Updates

Weekly Economic Update: May 23, 2022

• Yields were mixed as the two-year Treasury note increased to 2.61% while the five-year note fell by four basis points to 2.82%.

• The S&P 500 briefly entered bear market territory as equities finished lower for a seventh consecutive week as poor earnings calls, continued hawkish rhetoric from FOMC members, supply chain hiccups and ongoing geopolitical tensions continue to roil markets.

• Retail sales was on par with expectations advancing by 0.9% versus an expected 1.0% however, the real flex in consumer strength came from an upward revision of March’s retail sales by nearly a full percentage point from 0.5% to 1.4%.

Scroll to Top