1 Mo 5.49   |   2 Mo 5.51   |   3 Mo 5.45   |   4 Mo 5.44   |   6 Mo 5.39   |   1 Yr 5.17   |   2 Yr 4.97   |   3 Yr 4.81   |   5 Yr 4.66   |   7 Yr 4.65   |   10 Yr 4.62   |   20 Yr 4.83   |   30 Years 4.72   |  

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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