1 Mo 3.69   |   2 Mo 3.71   |   3 Mo 3.71   |   4 Mo 3.70   |   6 Mo 3.74   |   1 Yr 3.70   |   2 Yr 3.78   |   3 Yr 3.79   |   5 Yr 3.92   |   7 Yr 4.10   |   10 Yr 4.30   |   20 Yr 4.88   |   30 Years 4.90   |  

Source: US Dept. of Treasury End of Day

Market Updates

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Weekly Economic Update: May 4th, 2020

• Bond yields fell slightly last week as two-year and five-year Treasury notes decreased by 2 basis points to yields of 0.20% and 0.35% respectively.

• Led by a significant drop in consumer spending, the first look at Q1 GDP registered at -4.8%.

• 3.8 million more Americans filed for unemployment last week bringing the 6-week total to over 30 million. The March jobs report will be released on Friday and economists are expecting unemployment to climb near 20%.

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