๐ Treasury Yield Updates
5-Yr UST Yield: 3.821% > 3.816%
10-Yr UST Yield: 4.234% > 4.222%
Why is this important?
- Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction.
๐ Industry Headline
๐ What You Should Know (Opinion)
Inflation and Energy Prices Are Creating Rate Volatility
Recent inflation concerns and rising oil prices are keeping bond markets sensitive, which means lending costs can move quickly even when headline rates seem stable.