Presented by Matt Glova and the LifeTime Asset Management team:
Weekly Market Update, June 28, 2021
Treasury yields moved slightly higher last week. The 10-year opened at about 1.5 percent on Monday morning, mainly unchanged week-over-week. The 30-year was the biggest mover across the curve, picking up roughly 2 basis points (bps) to open near 2.13 percent, followed by the 5-year, which rose nearly 2 bps to open at 0.9 percent on Monday. The 2-year held steady, opening at about 0.25 percent.
Click here to read the full weekly market report published June 28, 2021.
Weekly Market Update, June 21, 2021
The Treasury curve flattened significantly after last week’s Federal Reserve (Fed) meeting as investors grappled with the central bank’s hawkish forecasts. The 10-year Treasury yield was mostly unchanged Monday morning, opening at 1.44 percent. The 30-year fell 11 basis points (bps) week-over-week, opening at 2.03 percent. Shorter-dated notes sold off sharply as the 5-year gained 18 bps week-over-week, opening at 0.89 percent, and the 2-year rose 8 bps to 0.23 percent.
Click here to read the full weekly market report published June 21, 2021.
Weekly Market Update, June 14, 2021
With future inflation expectations abated and investors returning to bonds, longer-term Treasury yields flattened last week. The 10-year Treasury yield dropped 9.7 basis points (bps) from last week’s open, starting at 1.46 percent Monday morning. The 30-year yield fell 8.5 bps week-over-week, opening at 2.15 percent. On the shorter end of the curve, the 2-year opened at 0.15 percent, up slightly from the previous week.
Click here to read the full weekly market report published June 14, 2021.
Weekly Market Update, June 7, 2021
The yield curve flattened slightly last week as fixed income investors weighed the reopening of the economy against the possibility the Federal Reserve (Fed) will taper its policy later in the year. The 10-year Treasury yield opened the week at 1.58 percent and closed about 2.2 basis points (bps) lower. On Monday morning, the 10-year opened at 1.57 percent, reversing most of last week’s move. The 30-year opened Monday at 2.25 percent, 7.8 bps lower than last week’s open. On the shorter end of the curve, the 2-year Treasury opened at 0.16 percent, 0.6 bps higher than last week’s open.
Click here to read the full weekly market report published June 7, 2021.
Weekly Market Update, June 1, 2021
The yield curve moved modestly lower again last week as the Federal Reserve (Fed) continued its patient monetary policy. The 10-year Treasury yield opened the week at 1.62 percent and closed more than 4 basis points (bps) lower at 1.58 percent. It opened at 1.63 percent on Tuesday morning. The 30-year opened at 2.33 percent, slightly up from last week’s open of 2.32 percent. On the shorter end of the curve, the 2-year opened at 0.15 percent, 0.6 bps below last week’s open.
Click here to read the full weekly market report published June 1, 2021.