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MATT VARNER'S FIXED INCOME REVIEW
June 19, 2013
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|
1yr |
2yr |
3yr |
5yr |
10yr |
20yr |
30yr |
| U.S. Treasury yields as of 06/18/2013 |
.13 |
.27 |
.48 |
1.07 |
2.20 |
3.00 |
3.34 |
| U.S. Treasury yields as of 12/31/12 |
.16 |
.25 |
.39 |
.72 |
1.78 |
2.54 |
2.95 |
| Change in Treasury yields from 12/31/12 |
-.03 |
+.02 |
+.09 |
+.35 |
+.42 |
+.46 |
+.39 |
| |
|
| Municipal yields as of 06/18/2013 |
.18 |
.34 |
.58 |
1.16 |
2.43 |
3.48 |
3.55 |
| Municipal yields as of 12/31/12 |
.21 |
.37 |
.55 |
.90 |
1.99 |
3.03 |
3.16 |
| Change in Municipal yields from 12/31/12 |
-.03 |
-.03 |
+.03 |
+.26 |
+.44 |
+.45 |
+.39 |
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Source: US Treasury and Bloomberg |
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Most financial market participants will be watching what the Federal Reserve does at the end of their two day meeting today. The question is whether any announcement or signal will be made regarding the $85 billion bond purchase stimulus. Recently, financial markets have become very jittery when talk of any change to the bond purchase program has arisen. At 1 P.M. CT, the Federal Open Market Committee (FOMC) will release their policy statement. The current economic projections will also be released. At 1:30 P.M. CT, Chairman Bernanke’s press conference will begin.
Leonetti & Associates, LLC views or opinions are as of a certain date and subject to change without notice. The material contained herein is for informational purposes only and obtained from sources we consider reliable. We make no guarantee as to its accuracy or completeness. References to specific securities and industries/sectors should not be considered recommendations to buy or sell any security or advisory service. Past performance is not a guarantee of future results.
Index
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