OFFICIAL PUBLICATION OF THE COLORADO BANKERS ASSOCIATION

August 12, 2021

rates-don't-matter-much-if-you-have-a-plan

Rates Don’t Matter Much If You Have A Plan

Rate volatility has been a common theme in the last 18 months – a global pandemic, unprecedented government spending, recession fears, recovery, a presidential election, and a vaccine, just to name a few. The 10-year Treasury yield saw a high of 1.77% and a low of 0.50% in those 18 months, with a 100+ bps drop in 13 business days from mid-Feb. to early March 2020. Financial institutions that live and die by their margins watched the fireworks while crossing their fingers that credit would hold out.

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