Friday, October 18, 2024 |
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MANAGING DIRECTOR: |
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US Treasury Market |
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| Date | 1 mo | 3 mo | 6 mo | 1 yr | 2 yr | 3 yr | 5 yr | 7 yr | 10 yr | 20 yr | 30 yr |
| 10/10/24 | 4.80 | 4.65 | 4.46 | 4.20 | 3.96 | 3.87 | 3.89 | 3.96 | 4.06 | 4.42 | 4.36 |
| 10/11/24 | 4.83 | 4.63 | 4.45 | 4.19 | 3.96 | 3.88 | 3.90 | 3.99 | 4.10 | 4.46 | 4.41 |
| 10/15/24 | 4.79 | 4.63 | 4.44 | 4.18 | 3.95 | 3.86 | 3.86 | 3.93 | 4.03 | 4.38 | 4.32 |
| 10/16/24 | 4.78 | 4.62 | 4.43 | 4.17 | 3.94 | 3.84 | 3.84 | 3.91 | 4.01 | 4.35 | 4.29 |
| 10/17/24 | 4.76 | 4.64 | 4.45 | 4.21 | 3.97 | 3.89 | 3.90 | 3.98 | 4.09 | 4.45 | 4.39 |
The data in the table above is static as of the time it was pulled, so rates may have changed. Treat all data in this table and PMR as indications only and availability is always subject to change. This information was pulled manually from sources we believe to be reliable. New source, as of 12/12/2022, Bloomberg, L.L.P. As of: close of business 10/17/2024.
Second Chances
The Fed came in hot last month and cut rates by 50 basis points. Fed funds futures are currently pricing in 2 additional 25 basis point cuts by the end of 2024. However, if you look at the graph below of the 5-year Treasury yields, they have actually gone UP 43 basis points. There is no crystal ball to tell us where rates will be in the future and the WIRP and DOT plot have not exactly been accurate lately. However, most have confidence in the direction which is calling for lower short term rates. This chart illustrates yet another chance to lock in higher yields with longer call protection. A few of our favorite options are noted below. Please reach out to your CCB representative to discuss what works best for your balance sheet and how we can help.
s only / Subjeo che and availability without notice
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