10 Year Treasury

Reactions to the Fed

Uncertainty abounds even after yesterday's Fed announcement.

Rates Continue to Climb

The 10 year treasury rate continues to climb hitting the highest level since November.  Since April 17th, the rate has moved from 1.85% to 2.38%.  As rates move higher, bond prices will drop.  We continue to be very conservative in our interest rate exposure and periods like this should lead to out performance by our bond investments.

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