10-Year Treasury Rates: Currently at 4.26%, down 3 basis points since last Tuesday morning.
Weekly Range: Traded between 4.25% - 4.35% most of the week, improving by 9 basis points on Friday.
Market Anticipation: Bond traders expect increased demand for long-dated Treasuries this week due to month-end debt/equity investment re-balancing.
Rate Movement: Since early February, 10-year yields rose by 38 basis points, while 2-year Treasuries increased by 50 basis points over the same period.
Rate Outlook: Expectation of range-bound rates (+/- 10 basis points) as markets seek clarity on inflation trends (3% or returning to 2%) and economic strength (continuation or signs of weakness).
Fed Funds Rate Expectations: The bond market anticipates Fed funds rate cuts starting in June, aligning with a decrease of 85 basis points by year-end, closer to the FOMC Dot Plot forecast of 75 basis points.
About PSRS Founded in 1972, PSRS is a commercial mortgage banking firm that helps real estate investors of all sizes structure and secure financing solutions that align with their investment goals.
