1 Mo 4.37   |   2 Mo 4.34   |   3 Mo 4.37   |   4 Mo 4.42   |   6 Mo 4.30   |   1 Yr 4.13   |   2 Yr 3.98   |   3 Yr 3.95   |   5 Yr 4.06   |   7 Yr 4.24   |   10 Yr 4.43   |   20 Yr 4.92   |   30 Years 4.89   |  

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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