| Wednesday, March 1, 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 |
| 02/22/23 | 4.54 | 4.83 | 5.10 | 5.05 | 4.70 | 4.43 | 4.15 | 4.07 | 3.92 | 4.08 | 3.92 |
| 02/23/23 | 4.53 | 4.82 | 5.08 | 5.02 | 4.70 | 4.41 | 4.11 | 4.03 | 3.88 | 4.05 | 3.89 |
| 02/24/23 | 4.56 | 4.80 | 5.10 | 5.02 | 4.81 | 4.53 | 4.21 | 4.11 | 3.94 | 4.11 | 3.93 |
| 02/27/23 | 4.61 | 4.78 | 5.08 | 5.02 | 4.78 | 4.50 | 4.17 | 4.07 | 3.92 | 4.11 | 3.93 |
| 02/28/23 | 4.59 | 4.81 | 5.15 | 5.01 | 4.82 | 4.53 | 4.18 | 4.08 | 3.92 | 4.11 | 3.92 |
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, LP. As of: close of business 02/28/2023
CRA Opportunities
The Community Reinvestment Act (CRA), passed in 1977, requires the Federal Reserve and other bank regulators to encourage financial institutions to better serve the credit needs of borrowers in the communities they operate, including low- and moderate income neighborhoods. In May of last year the Fed, OCC, and FDIC issued a joint proposal of potential changes in order to modernize the current regulations. While these updates have not yet been passed, if implemented they would likely expand CRA requirements in our industry.
Meeting CRA requirements continues to be a challenge for some community banks. Multiple factors including lower mortgage production have added to the difficulty of this mission. However, there are still ways we can help our bank clients meet these needs through Targeted MBS Pools. Let us proactively help in meeting this requirement for your institution. Please reach out to your CCB representative to learn more about this opportunity and how we might be able to source and/or structure CRA eligible securities for your portfolio in 2023!
Meeting CRA requirements continues to be a challenge for some community banks. Multiple factors including lower mortgage production have added to the difficulty of this mission. However, there are still ways we can help our bank clients meet these needs through Targeted MBS Pools. Let us proactively help in meeting this requirement for your institution. Please reach out to your CCB representative to learn more about this opportunity and how we might be able to source and/or structure CRA eligible securities for your portfolio in 2023!
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