From the Desk

This daily newsletter conveniently delivers financial and economic commentary from around the globe, updated FHLB Des Moines advance rates and Bank announcements right to your inbox.

Recent Economic Commentary

Brandon Casey, Member Strategist - 4/19/2024

U.S. stocks are mixed Friday as traders weigh geopolitical concerns that arose overnight. Both the DJIA and S&P 500 are higher, while the Nasdaq is lower. The S&P 500 is on a five-day losing streak and appears headed for its worst week in nearly six months. The Nasdaq is on pace for its fourth straight losing week and the DJIA its third straight.

U.S. Treasury yields are lower this morning, with the 2-year Treasury yield down 0.4 basis points to 4.99%, the 5-year Treasury yield down 1.8 basis points to 4.67%, and the 10-year Treasury yield down 2.8 basis points to 4.62%. The longest-term advance rates are lower today, while the rest of the curve is little changed.

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