1 Mo 5.54 | 2 Mo 5.59 | 3 Mo 5.58 | 4 Mo 5.62 | 6 Mo 5.53 | 1 Yr 5.49 | 2 Yr 5.10 | 3 Yr 4.89 | 5 Yr 4.67 | 7 Yr 4.69 | 10 Yr 4.61 | 20 Yr 4.91 | 30 Years 4.73 |
Market Updates
Weekly Economic Update: October 19th, 2020
• Treasury yields moved slightly lower during the week as the two-year Treasury note fell by two basis points to 0.15% while the five-year note also declined by two basis points finishing at 0.32%.
• Equities pushed incrementally higher on stimulus hopes even as it is highly unlikely that a deal will be made before the election.
• Despite September retail sales outperforming, a dismal economic outlook still prevails as the majority of states are seeing a surge in coronavirus cases forcing officials to consider reimposing lockdown restrictions that initially sent the economy into a tailspin.