Format 2 - Piper Sandler

Debt of A/BBB rated financial and utility concerns led the gains narrowing three to six basis points respectively. Municipal Consensus Yield Changes for the Week Municipal Change % to Treasury Yield (in bp) Last Week Previous Wk 5-Year Avg. 2 Year 2.45 10 71.6% 70.6% 79.0% 5 Year 2.94 12 76.3% 76.5% 81.2% 10 Year 3.62 13 85.0% 85.4% 86.5% 30 ... ................
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