Friday, August 13, 2021 |
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MANAGING DIRECTOR: Scott Carrithers PORTFOLIO SALES AND SERVICE: George Morris • Chris Thompson • Sean Doherty • Kevin Doyle • Mark Tranckino Jeff Goble • Nicole Burczyk • Natalie Regan • Aaron Stoffer • David Farris • Lonnie Harris Brian Schaff • Josh Kiefer • Robert Schuyler • Tom Toburen • Aaron Hemphill • Jared Willhoft |
| 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 |
| 08/06/21 | 0.04 | 0.06 | 0.06 | 0.09 | 0.21 | 0.42 | 0.77 | 1.07 | 1.31 | 1.85 | 1.94 |
| 08/09/21 | 0.04 | 0.06 | 0.06 | 0.08 | 0.23 | 0.43 | 0.79 | 1.09 | 1.33 | 1.87 | 1.96 |
| 08/10/21 | 0.05 | 0.05 | 0.05 | 0.08 | 0.24 | 0.47 | 0.82 | 1.12 | 1.36 | 1.90 | 1.99 |
| 08/11/21 | 0.05 | 0.05 | 0.06 | 0.08 | 0.23 | 0.45 | 0.81 | 1.11 | 1.35 | 1.90 | 1.99 |
| 08/12/21 | 0.05 | 0.06 | 0.06 | 0.09 | 0.23 | 0.46 | 0.83 | 1.13 | 1.36 | 1.92 | 2.03 |
Looking in the Short-Term
In this rate environment it is incredibly difficult to find spread especially in non-callable bonds inside of five years. One often forgotten avenue is Brokered CD’s. The reemerging brokered CD market is providing noticeably larger yields versus similar maturity agency bullets or Treasuries. As more money center banks enter the market, this should provide an opportunity to grab additional spread in the shorter term. Below is a table comparing the yields of agencies, Treasuries and brokered CDs with 2-5 year maturities:
If you need additional information, or would like to see CD options please contact your Country Club Bank Rep.
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