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: May 28, 2024

• Yields increased over the week with the two-year Treasury note rising by twelve basis points to 4.96% while the five-year note increased by eight basis points to 4.53%.

• In a quiet week for economic data, markets focused their attention on comments from several Federal Reserve members, all of which maintained a hawkish tone echoing their plan to hold rates higher for longer.

• Notable economic data slated for release this week include a second look at Q1 GDP due out on Thursday then followed by April’s PCE consumption and inflation readings due out on Friday.

• Click the link below to read the full article.

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