Right on the screws.

  • Prior was 4.917%

Yields were above 5% in April and parts of May but have come down as Fed cuts creep closer and inflation cools. T-bills still yield 5.37% so you have the choice to roll or lock in for two years.

We get 5s tomorrow and 7s on Thursday.

US 2 year notes
US 2 year notes, daily