Thursday, October 5, 2017
MANAGING DIRECTOR: Scott Carrithers   PORTFOLIO SALES AND SERVICE: Steve Panknin • George Morris • Jeff Goble • Chris Thompson • Sean Doherty Robert Brickson • Kevin Doyle • Lonnie Harris •  Mark Tranckino • Robert Schuyler  Tom Toburen • Josh Kiefer • Nicole Burczyk • Kelley Frye • Natalie Regan • Aaron Stoffer • Chuck Honeywell

US Treasury Market
Date	1 mo	3 mo	6 mo	1 yr	2 yr	3 yr	5 yr	7 yr	10 yr	20 yr	30 yr
9/28/17	.97	1.06	1.18	1.31	1.45	1.59	1.89	2.13	2.31	2.63	2.87
9/29/17	.96	1.06	1.20	1.31	1.47	1.62	1.92	2.16	2.33	2.63	2.86
10/02/17	.95	1.01	1.22	1.31	1.49	1.63	1.94	2.17	2.34	2.64	2.87
10/03/17	1.01	1.07	1.21	1.32	1.47	1.62	1.92	2.15	2.33	2.63	2.87
10/04/17	1.00	1.08	1.21	1.33	1.47	1.62	1.92	2.15	2.33	2.64	2.87

                                                                                                               

                                                                                                                Source: U.S. Department of the Treasury, as of 10/04/17   
 

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When Buying Municipal Bonds Compare Tax Equivalent Yields
 

You will notice on the Bloomberg graph below that yields on tax free municipal bonds have gone up substantially from September 1 of this year.  The spread over Treasuries is a little less, but that may or may not return to the higher numbers.

 

For the right customer (you and/or your customer that may be buying in-state or out-of-state of residence tax free municipals) tax free municipal bonds are an attractive investment option.  Remember to review the tax equivalent yield when comparing to other investments.

 

 

This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.

•Not FDIC Insured •No Bank Guarantee •May Lose Value