From the Desk

This daily newsletter conveniently delivers financial and economic commentary from around the globe, updated FHLB Des Moines advance rates and Bank announcements right to your inbox.

Recent Economic Commentary

Brandon Casey, Member Strategies - 4/14/2025

U.S. stocks opened the week higher after the U.S. announced tariff exemptions over the weekend covering tech and semiconductors. There was some confusion over the tariff exemptions after officials said the exemptions weren’t permanent and separate tariffs could be announced soon. Last week was a historically volatile week for the market that saw all three major averages finish higher. However, all three major averages are still down over 3% since the announcement of tariffs nearly two weeks ago.

U.S. Treasury yields are lower this morning this morning, with the 2-year Treasury down 5.9 basis points to 3.90%, the 5-year Treasury yield down 9.0 basis points to 4.07%, and the 10-year Treasury yield down 8.4 basis points to 4.41%. Advance rates are higher throughout some of the curve today.

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