Presented by Matt Glova and the LifeTime Asset Management team:
Weekly Market Update, July 12, 2021
Treasury yields plunged last week as investors weighed concerns about virus variants and shifting monetary policy and the potential effects on the global recovery. The 10-year yield fell about 13 basis points (bps) week-over-week to open at 1.33 percent on Monday morning. The 5-year yield also fell 13 bps to open at 0.76 percent. The 30-year yield was the next biggest mover, shedding 10 bps to open at 1.96 percent. The 2-year yield fell about 5 bps from 0.26 percent to 0.21 percent.
Weekly Market Update, July 6, 2021
Yields fell slightly across the Treasury curve last week as the first half of 2021 wrapped up. The 10-year yield fell about 5 basis points (bps) week-over-week to open around 1.41 percent on Monday morning. The 2-year was down 1 bp to 0.26 percent. The 30-year saw the biggest move, shedding 7 bps to open at 2.03 percent. The 5-year was down 2 bps to 0.89 percent. The 10-year has hovered between 1.5 percent and 1.4 percent for the past several months as investors gauge the global recovery and possible policy changes from the Federal Reserve (Fed).