Dashboard

Yield and portfolio information to help public funds investment officials manage portfolios, monitor markets and benchmark portfolio performance of local government investment pools (LGIPs) and short term portfolios.

Money Market Yields

Cash and Futures Markets Now Aligned

Around Firmer Monetary Policy

High oil prices, the Iran war, a new Federal Reserve chair, signs that the U.S. economy is expanding at a moderate pace, a strong stock market. . . . Lots of incoming in the past 60 days have aligned short-term markets around an outlook for firmer monetary policy.  Investors no longer see easing in the cards.  Six-month and one-year futures contracts have backed up significantly, and two-year Treasury rates have flirted with four percent in the past several weeks. 

About Public Funds Investment Institute

We’re an independent nonprofit dedicated to informing, educating, and advocating for the $4 trillion investor community. Subscribe for research, weekly updates, best practices recommendations, and networking opportunities.

Insights

Why Five Percent Yield on the 30 Year Treasury is a Big Deal

The yield on the 30-year Treasury bond broke above five percent this week, and it’s kind of a big deal.  It’s not that five percent triggered some pre-set realignment in the financial markets, or that the level resulted in a quantum change in gains, losses or winning and losing positions as compared with those positions […]

Sometimes No News Is News

The numbers are staggering. Last year Treasury issued $30.5 trillion of securities to fund the national debt. That’s nearly $600 billion a week. This year, through April issuance was $10.8 trillion, 10% ahead of the 2025 pace. Most of this is to refund/rollover existing debt but some is for new debt that will be required […]

Beyond the Fed: Why This Week’s Events May Be Less important than You Think

  I’m guilty of having spent a good deal of time over the last two weeks on the eye-catching news on interest rates:  the Senate hearing on whether to  confirm Kevin Wash as the next chair of the Federal Reserve, the move by the Department of Justice to end a criminal probe of Jerome Powell, […]

Stay informed and ahead of market changes.

“Beyond the News” is our weekly publication, the “Dashboard” provides timely investment market data, and Research Notes provides in-depth analysis. 

When you subscribe,  you will receive email notices when we post news and research Insights. We respect your privacy – we will never sell or share your information, nor send you promotional or marketing emails.