1 Mo 5.56 | 2 Mo 5.61 | 3 Mo 5.56 | 4 Mo 5.61 | 6 Mo 5.53 | 1 Yr 5.46 | 2 Yr 5.04 | 3 Yr 4.83 | 5 Yr 4.62 | 7 Yr 4.63 | 10 Yr 4.59 | 20 Yr 4.90 | 30 Years 4.71 |
Market Updates
Weekly Economic Update: November 29th, 2021
• Yields declined late in the week with the two-year Treasury note falling by two basis points to 0.50% while the five-year note fell by five basis points to 1.17%.
• News of an emerging variant with origins traced to South Africa sent equity markets into a dive and yields tumbling on fears that the new variant could squander the ongoing economic recovery.
• Inflation continues to run expectedly hot as core PCE for the trailing year increased by 4.1% in October marking the fastest annual increase since the early 1990’s.