World Bond Market Updates

US Dollar LIBOR Three Month Rate was at 5.51 percent on Wednesday June 7. Interbank Rate in the United States averaged 3.53 percent from 1986 until 2023, reaching an all time high of 10.63 percent in March of 1989 and a record low of 0.11 percent in September of 2021. This page provides – United States Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. US Dollar LIBOR Three Month Rate – values, historical data and charts – was last updated on June of 2023. Interbank Rate in the United States is expected to be 5.50

United States Secured Overnight Financing Rate (SOFR) was at 5.06 percent on Wednesday June 7. source: Federal Reserve Bank of New York Secured Overnight Financing Rate in the United States averaged 1.08 percent from 2014 until 2023, reaching an all time high of 5.25 percent in September of 2019 and a record low of 0.00 percent in September of 2014. This page includes a chart with historical data for the United States Secured Overnight Financing Rate. United States Secured Overnight Financing Rate (SOFR) – values, historical data and charts – was last updated on June of 2023.  Feedzy 

United States Overnight Repo Rate was at 5.12 on Wednesday June 7. source: Federal Reserve Repo Rate in the United States averaged 2.24 from 1995 until 2023, reaching an all time high of 6.94 in September of 2019 and a record low of -0.01 in December of 2009. This page provides – United States Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Overnight Repo Rate – values, historical data and charts – was last updated on June of 2023. Repo Rate in the United States is expected to be 5.12 by the end

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the United States decreased by 10bps to 6.81% in the week ended June 2nd 2023. It is the first drop in four weeks, from 6.91% which was the highest level since early November. Still, borrowing costs remain elevated amid prospects the Fed will need to keep the fed funds rate higher for longer. As the debt ceiling standoff came to an end, the inflation report and the Fed monetary policy decision in the second full week of June should be the next big

Mortgage applications in the US fell 1.4% in the week ended June 2nd, 2023, extending the decline for a fourth week and pushing the Mortgage Market Index to a fresh three-month low, data from the Mortgage Bankers Association data showed. “Purchase activity is constrained by reduced purchasing power from higher rates and the ongoing lack of for-sale inventory in the market, while there continues to be very little rate incentive for refinance borrowers,” said Joel Kan, MBA’s deputy chief economist. Applications to buy a home fell 1.7% and those to refinance a home loan edged 0.7% lower. Meanwhile, the average

The MBA Mortgage Market Index in the United States decreased 1.4% to 194.70 points in the week ended June 2nd 2023, to a fresh three-month low. Applications to buy a home fell 1.7% and those to refinance a home loan edged 0.7% lower. source: Mortgage Bankers Association of America MBA Mortgage Market Index in the United States averaged 490.97 points from 1990 until 2023, reaching an all time high of 1856.70 points in May of 2003 and a record low of 64.20 points in October of 1990. This page includes a chart with historical data for the United States MBA

The MBA Mortgage Refinance Index in the United States decreased 0.7% to 409.70 points in the week ended June 2nd 2023. source: Mortgage Bankers Association of America MBA Mortgage Refinance Index in the United States averaged 1880.84 points from 1990 until 2023, reaching an all time high of 9977.80 points in May of 2003 and a record low of 59 points in December of 1994. This page includes a chart with historical data for the United States MBA Mortgage Refinance Index. United States MBA Mortgage Refinance Index – data, historical chart, forecasts and calendar of releases – was last updated

30 Year TIPS Yield was 1.63 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 30 Year TIPS Yield reached an all time high of 15.60 in April of 2023. This page includes a chart with historical data for the United States 30 Year TIPS Yield. United States 30 Year TIPS Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 30 Year TIPS Yield is expected to trade at 1.71 percent by the end of this quarter, according to Trading Economics

The MBA Purchase Index in the United States decreased 1.7% to 151.70 points in the week ended June 2nd 2023. source: Mortgage Bankers Association of America MBA Purchase Index in the United States averaged 251.92 points from 1990 until 2023, reaching an all time high of 529.30 points in June of 2005 and a record low of 53.50 points in December of 1990. This page includes a chart with historical data for the United States MBA Purchase Index. United States MBA Purchase Index – data, historical chart, forecasts and calendar of releases – was last updated on June of 2023.

10 Year TIPS Yield was 1.50 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 10 Year TIPS Yield reached an all time high of 4.41 in January of 2000. This page includes a chart with historical data for the United States 10 Year TIPS Yield. United States 10 Year TIPS Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 10 Year TIPS Yield is expected to trade at 1.65 percent by the end of this quarter, according to Trading Economics

5 Year TIPS Yield was 1.71 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 5 Year TIPS Yield reached an all time high of 67.12 in December of 2022. This page includes a chart with historical data for the United States 5 Year TIPS Yield. United States 5 Year TIPS Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 5 Year TIPS Yield is expected to trade at 1.91 percent by the end of this quarter, according to Trading Economics

US 8 Week Bill Bond Yield was 5.21 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 8 Week Bill Yield reached an all time high of 5.60 in May of 2023. This page includes a chart with historical data for the United States 8 Week Bill Yield. United States 8 Week Bill Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 8 Week Bill Yield is expected to trade at 5.61 percent by the end of this quarter, according to

Imports to the United States increased by USD 4.8 billion from a month earlier to USD 323.6 billion in April 2023, recovering from two consecutive months of decreases. Imports of goods went up by USD 5.2 billion, amid higher purchases of automotive vehicles, parts, and engines (up USD 2.0 billion), finished metal shapes (up USD 1.5 billion), nonmonetary gold (up USD 1.1. billion), organic chemicals (up USD 0.9 billion) and cell phones and other household goods (up 1.7 billion). On the other hand, imports of crude oil (down USD 0.8 billion) and natural gas (down USD 0.8 billion) decreased. Also,

Exports from the United States decreased by USD 9.2 billion from a month earlier to USD 249 billion in April 2023, the lowest since March 2022. Exports of goods declined by USD 9.4 billion, due to lower sales of crude oil (down USD 2.1 billion), fuel oil (down 1.3 billion), pharmaceutical preparations (down 0.5 billion), gem diamonds (down 0.4 billion) and jewelry (down 0.4 billion). On the other hand, exports of services increased by USD 0.2 billion mainly due to travel (up 0.5 billion) and other business services (up 0.3 billion). source: U.S. Census Bureau Exports in the United States

The trade deficit in the US widened to a six-month high of $74.6 billion in April of 2023, compared to a $60.6 billion gap in March and market forecasts of a $75.2 billion shortfall. Exports declined 3.6% to $249 billion, led by crude oil, fuel oil, pharmaceutical preparations, gem diamonds, jewelry, financial services and government goods and services while sales rose for travel. Meanwhile, imports increased 1.5% to $323.6 billion, led by passenger cars, industrial supplies and materials, finished metal shapes, nonmonetary gold, organic chemicals, cell phones and other household goods while a fall was seen in purchases of crude

The Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its US wholesale auctions decreased 7.6% year-on-year in May of 2023, the biggest annual drop in four months. However, “the rate of decline might slow over the next several months as we encounter the lower prices seen at auction from May through November last year. Two consecutive reads in either measure do not a trend make, as used retail inventory is still below last year, and that tends to keep buyers at the auction, supporting prices”, said Chris Frey, senior manager of Economic and Industry insights

News Stream Used Car Prices in the US Fall for 2nd Month The Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its US wholesale auctions declined 2.7% mom in May 2023, following a 3% fall in April. The seasonal adjustment continued to have a downward impact. Prices decreased for compact (-2.4%) and midsize cars (-2.4%), luxury (-3%) and pickups (-4.3%) while prices for SUVs were flat and vans edged 0.2% higher. Year-on-year, prices for used cars decreased 7.6%, the biggest annual drop in four months. However, “the rate of decline might slow over the next

US 20 Year Bond Yield was 4.03 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 20 Year bond Yield reached an all time high of 4.81 in July of 2022. This page includes a chart with historical data for US 20Y. United States 20 Year bond Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 20 Year bond Yield is expected to trade at 4.20 % by the end of this quarter, according to Trading Economics global macro models and

US 3 Month Bill Bond Yield was 5.29 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 3 Month Bill Yield reached an all time high of 13.99 in March of 1982. United States 3 Month Bill Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 3 Month Bill Yield is expected to trade at 5.55 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 7 Year Note Bond Yield was 3.78 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 7 Year Note Yield reached an all time high of 16.05 in September of 1981. United States 7 Year Note Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 7 Year Note Yield is expected to trade at 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 2 Year Note Bond Yield was 4.52 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 2 Year Note Yield reached an all time high of 41.92 in May of 2023. United States 2 Year Note Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 2 Year Note Yield is expected to trade at 4.66 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 6 Month Bill Bond Yield was 5.43 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 6 Month Bill Yield reached an all time high of 15.67 in February of 1982. United States 6 Month Bill Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 6 Month Bill Yield is expected to trade at 5.63 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 52 Week Bill Bond Yield was 5.22 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 52 Week Bill Yield reached an all time high of 17.31 in September of 1981. United States 52 Week Bill Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 52 Week Bill Yield is expected to trade at 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 4 Week Bill Yield was 5.06 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 4 Week Bill Yield reached an all time high of 6.07 in May of 2023. United States 4 Week Bill Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 4 Week Bill Yield is expected to trade at 5.55 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.61

US 3 Year Note Bond Yield was 4.18 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 3 Year Note Yield reached an all time high of 9.11 in May of 1990. United States 3 Year Note Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 3 Year Note Yield is expected to trade at 4.29 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 5 Year Note Bond Yield was 3.86 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 5 Year Note Yield reached an all time high of 16.27 in September of 1981. United States 5 Year Note Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 5 Year Note Yield is expected to trade at 3.98 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at

US 30 Year Bond Yield was 3.86 percent on Wednesday June 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 30 Year Bond Yield reached an all time high of 15.21 in October of 1981. United States 30 Year Bond Yield – data, forecasts, historical chart – was last updated on June of 2023. The United States 30 Year Bond Yield is expected to trade at 3.97 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.26

GDP from Public Administration in Australia increased to 28806 AUD Million in the first quarter of 2023 from 28567 AUD Million in the fourth quarter of 2022. source: Australian Bureau of Statistics GDP from Public Administration in Australia averaged 16686.47 AUD Million from 1974 until 2023, reaching an all time high of 28806 AUD Million in the first quarter of 2023 and a record low of 8236 AUD Million in the third quarter of 1974. This page provides – Australia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP From Public Administration

GDP from Mining in Australia decreased to 58052 AUD Million in the first quarter of 2023 from 58249 AUD Million in the fourth quarter of 2022. source: Australian Bureau of Statistics GDP from Mining in Australia averaged 25891.85 AUD Million from 1974 until 2023, reaching an all time high of 58249 AUD Million in the fourth quarter of 2022 and a record low of 7734 AUD Million in the third quarter of 1974. This page provides – Australia Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP From Mining – values, historical data

Military Expenditure in China increased to 291958.40 USD Million in 2022 from 285930.50 USD Million in 2021. source: SIPRI Military Expenditure in China averaged 95989.21 USD Million from 1989 until 2022, reaching an all time high of 291958.40 USD Million in 2022 and a record low of 9802.40 USD Million in 1991. China Military Expenditure – values, historical data and charts – was last updated on June of 2023.  Feedzy