>Doug mentioned the long bond at 5.8% but I checked and
>at closing today it was at 5.699, which is higher than
>it's been in a while but still a ways below 5.8.
Maybe we're not checking the same place. 5.95, even, as of 5/4. I was quoting the 5/3 number, which was up this morning.
Doug
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<http://www.bog.frb.fed.us/releases/H15/update/>
H.15 DAILY UPDATE: WEB RELEASE ONLY For immediate release
SELECTED INTEREST RATES May 5, 1999
Yields in percent per annum
Mon Tue
May 3 May 4
__________________________________________________
SELECTED INTEREST RATES
Federal funds (effective) 1 2 3 5.01 4.71 [...]
Treasury constant maturities
3-month 4.62 4.63
6-month 4.69 4.69
1-year 4.79 4.80
2-year 5.08 5.12
3-year 5.16 5.20
5-year 5.25 5.30
7-year 5.44 5.48
10-year 5.38 5.42
20-year 5.93 6.00
30-year 5.67 5.72
Composite
Over 10 years (long-term) 14 5.89 5.95 [...]