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: 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.

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