Page 40 - AugDefComp

U.S. Interest Rates and the Yield Curve

3/31/2020 Basis Points (bps) Basis Points (bps) 1 Year Ago Change ‐ 1 Yr Ago Change ‐ QTD ‐225 bps 0 bps 2.50% 0.25% ‐162 bps ‐7 bps 1.78% 0.23% ‐150 bps ‐8 bps 1.79% 0.37% ‐137 bps ‐4 bps 2.03% 0.70% ‐116 bps 3 bps 2.34% 1.15% ‐114 bps 6 bps 2.55% 1.35% Treasury yields. Past performance does not guarantee future results.

6/30/2020 0.25% 0.16% 0.29% 0.66% 1.18% 1.41%

as of 06/30/2020 Fed Funds 2 Years 5 Years 10 Years 20 Years 30 Years Source: FRED, 06/30/2020. Data shown are on‐the‐run