| Wednesday, January 17, 2024 |
||||||||
|---|---|---|---|---|---|---|---|---|
|
MANAGING DIRECTOR: |
||||||||
|
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 |
| 01/09/24 | 5.37 | 5.38 | 5.23 | 4.82 | 4.36 | 4.13 | 3.96 | 3.99 | 4.01 | 4.31 | 4.17 |
| 01/10/24 | 5.37 | 5.38 | 5.25 | 4.82 | 4.36 | 4.10 | 3.97 | 4.00 | 4.02 | 4.34 | 4.20 |
| 01/11/24 | 5.37 | 5.37 | 5.22 | 4.74 | 4.25 | 4.00 | 3.88 | 3.93 | 3.97 | 4.30 | 4.17 |
| 01/12/24 | 5.39 | 5.37 | 5.19 | 4.67 | 4.15 | 3.93 | 3.83 | 3.89 | 3.94 | 4.29 | 4.18 |
| 01/16/24 | 5.39 | 5.36 | 5.21 | 4.72 | 4.22 | 4.01 | 3.93 | 4.00 | 4.06 | 4.41 | 4.30 |
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 01/16/2024.
Another Source of Liquidity: Brokered Deposits
As we take in unofficial guidance from Fed governors as they comment on the Bank Term Funding Program and its potential expiration, it is a good time to explore and maybe even test funding sources. Though we are a bond shop, we offer community banks a wide array of solutions to efficiently meet needs on both sides of the balance sheet.
Gaining funding via brokered deposits can be very simple. We issue indicative pricing (an all-in rate range on all terms, both non-callable and callable) at the beginning of every week. As markets move throughout the week or your bank narrows its focus on specific terms, we can provide bank specific all-in rates on those terms.
Here is a step-by-step chart illustrating the process form start to finish. Paperwork can be completed at any time, regardless of needing funding today or in six months.
Consider adding this to your contingency funding plan and let us know if you’d like to set it up for your bank.
Gaining funding via brokered deposits can be very simple. We issue indicative pricing (an all-in rate range on all terms, both non-callable and callable) at the beginning of every week. As markets move throughout the week or your bank narrows its focus on specific terms, we can provide bank specific all-in rates on those terms.
Here is a step-by-step chart illustrating the process form start to finish. Paperwork can be completed at any time, regardless of needing funding today or in six months.
Consider adding this to your contingency funding plan and let us know if you’d like to set it up for your bank.
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