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: 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.

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