Interest rates drive decisions: Should I save or invest? Should I rent or buy? Should I borrow or spend?

This weekly update provides facts and figures from the capital markets that we hope you find useful. 

We begin with overnight rates and end with 30-year bond yields. We focus on the week-over-week change, highlighted in yellow. We also provide quarter-to-date and year-to-date changes for reference.

Dislocations in the municipal bond market present an investment opportunity.

• The yield on 1-year AAA municipals is currently 1.03% versus 1.07% last week. 
• The yield fell by 4 basis points.  A basis point is 1/100th of 1.00%, or 0.01%. 
• Compare that to the 0.14% yield on the 1-year Treasury bill. 

Should I invest in the municipal or the Treasury? 

We also included key foreign exchange rates, S&P 500 index, gold, crude oil, inflation expectations and real interest rates.

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.

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