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
12/17/19	1.56	1.56	1.58	1.53	1.63	1.66	1.71	1.82	1.89	2.18	2.31
12/18/19	1.56	1.56	1.58	1.54	1.63	1.67	1.74	1.86	1.92	2.22	2.35
12/19/19	1.54	1.57	1.57	1.52	1.62	1.65	1.73	1.84	1.92	2.21	2.35
12/20/19	1.57	1.58	1.58	1.52	1.63	1.67	1.73	1.84	1.92	2.21	2.34
12/23/19	1.57	1.59	1.60	1.53	1.64	1.67	1.75	1.86	1.93	2.22	2.35

                                                                                                                                                  Source: U.S. Department of the Treasury, as of 12/23/2019

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                                                          Merry Christmas!
 
Liquidity will be tight, but there is still time for bond trading before the year is over.  Low liquidity times can cause quite a bit of volatility in the market which could be your friend for trading opportunities.  If you have cash to put to work, look for deals when everyone else is out to lunch on holiday.  1.95% on the UST 10 year note has been tough to rise above, so the market looks cheap right now and could be heading for a rally after the New Year.
 
Below is the bond market schedule for the holiday season.
December 24^th – Early close at 1pm CT
December 25^th – Closed
December 26^th-31^st – Regular hours
January 1^st – Closed
 
We hope everyone has a very Merry Christmas!  






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.

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