Right on the screws.
Prior was 4.917%
Yields were above 5% in April and parts of May but have come down as Fed cuts creep closer and inflation cools. T-bills still yield 5.37% so you have the choice to roll or lock in for two years.
We get 5s tomorrow and 7s on Thursday.
This article was written by Adam Button at www.forexlive.com.
