Friday, September 8, 2023 |
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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 |
| 08/31/23 | 5.38 | 5.45 | 5.51 | 5.39 | 4.87 | 4.56 | 4.26 | 4.21 | 4.11 | 4.41 | 4.21 |
| 09/01/23 | 5.38 | 5.42 | 5.49 | 5.37 | 4.88 | 4.58 | 4.30 | 4.26 | 4.18 | 4.48 | 4.30 |
| 09/05/23 | 5.38 | 5.43 | 5.52 | 5.42 | 4.96 | 4.67 | 4.38 | 4.35 | 4.26 | 4.56 | 4.37 |
| 09/06/23 | 5.37 | 5.47 | 5.54 | 5.43 | 5.02 | 4.73 | 4.42 | 4.37 | 4.28 | 4.55 | 4.35 |
| 09/07/23 | 5.37 | 5.45 | 5.52 | 5.40 | 4.95 | 4.67 | 4.38 | 4.33 | 4.25 | 4.53 | 4.34 |
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 09/07/2023
Have We Reached The Peak?
The resounding themes of reduced liquidity and rising rates have been the topic of many articles and headlined several economic convention agendas in 2023. Recently, we have seen a shift from talking about how high rates will go to how long will they remain at these levels. The Fed concedes the end is near for raising rates, if we are not already there. Currently, the Fed Funds Market is pricing in Fed cuts beginning sometime in the middle of 2024. As sentiment shifts, as it typically does, the bond market will likely move quickly to lower rates and many may miss out on the opportunity to lock in higher yields.
The graph below shows the 5-year Treasury yield and it is worth noting we have not seen levels like this since 2007. There are several great investment options currently available to help your bank lock in higher yields. Please call your Country Club Bank representative to discuss what options are best suited for your bank’s balance sheet.
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