Presented by The Axial Company
Weekly Market Update, June 1, 2020
Presented by The Axial Company
General Market News
- The 10-year Treasury yield opened at 0.66 percent on Monday, while the 2-year came in at 0.17 percent and the 30-year at 1.43 percent. We are set to get some May economic numbers this week, which should give us a clearer view on where we stand as an economy. The Federal Reserve meets next week, and, while it has done a lot and has essentially asked Congress to step in, it should be interesting to see what members have to say when faced with hard May economic numbers.
Presented by The Axial Company
General Market News
- Rates continued to fall last week, as concerns about the spread of the coronavirus rattled global markets. The 10-year Treasury yield opened at 1.38 percent, nearing lows last seen in 2016. The 30-year fell to 1.83 percent, which is its all-time low.
Presented by The Axial Company
Weekly Market Update, February 10, 2020
General Market News
- Global health concerns have led to heightened uncertainty in the economy and markets over the past couple of weeks. The 10-year Treasury yield has bounced around from 1.90 percent, to 1.50 percent, to 1.70 percent, and now back to 1.56 percent as of Monday morning. The 30-year yield is back at more than 2 percent, and the short end of the curve remains slightly inverted, with the 2-year yield at 1.38 percent and the 3-year yield at 1.36 percent.
Presented by The Axial Company
General Market News
- The bond markets experienced more volatility last week. The 10-year Treasury yield was as low as 1.70 percent and as high as 1.90 percent as a result of news from Iran. It opened at 1.83 percent on Monday. The 30-year bounced between 2.19 percent and 2.38 percent before opening at 2.29 percent. The 2-year, which is usually more stable given its shorter duration, swung between 1.44 percent and 1.61 percent.
General Market News
- Last week, long-term Treasury yields spiked to their highest levels in more than a month. On Thursday, the 10-year Treasury yield hit a high of 1.95 percent before ending the week at 1.92 percent. The 30-year hit a high of 2.37 percent before retreating to 2.34 percent at week’s end.
