Tuesday, May 8, 2018
MANAGING DIRECTOR: Scott Carrithers   PORTFOLIO SALES AND SERVICE: Steve Panknin • George Morris • Jeff Goble • Chris Thompson • Sean Doherty Kevin Doyle • Lonnie Harris •  Mark Tranckino • Robert Schuyler • Tom Toburen • Josh Kiefer  Nicole Burczyk • Kelley Frye • Natalie Regan • Aaron Stoffer • Chuck Honeywell • Gus Koppen

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
5/01/18	1.68	1.85	2.05	2.26	2.50	2.66	2.82	2.93	2.97	3.03	3.13
5/02/18	1.69	1.84	2.03	2.24	2.49	2.64	2.80	2.92	2.97	3.04	3.14
5/03/18	1.68	1.84	2.02	2.24	2.49	2.62	2.78	2.90	2.94	3.02	3.12
5/04/18	1.67	1.84	2.03	2.24	2.51	2.63	2.78	2.90	2.95	3.02	3.12
5/07/18	1.69	1.86	2.05	2.25	2.49	2.64	2.78	2.90	2.95	3.02	3.12

                                                                                      Source: U.S. Department of the Treasury, as of 05/07/18  

                                              
                                                      What Is the Yield Curve Telling Us?

 

The current yield curve may be suggesting that longer maturity yields are likely to come down … (slowing economy down the road?  Low inflationary expectations?) 
 

Though the curve is still upward sloping, the relative steepness is diminished when compared to previous years.  And a flat curve is typically a harbinger of lower rates.
 

We’ll look at the yield curves back to 2013 versus today’s curve on Wednesday.

 

 

 

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.

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