Financial Update by Maurice Soussé

Interest rates are up this week as the 10 year treasury as jobless claims were lower than expected. Unemployment benefits dropped 21,000 for the week pushing yields on the 10 year T-Bill up to 2.10. This is quite a jump from the 1.69% from four weeks ago.

Surprisingly, rates are only up about an .125%. This is a great opportunity for your clients to take advantage of low rates before they move up again.

Remember, there is no shortcut to success. Joe Girard said “The elevator to success is out of
>order. You’ll have to use the stairs…one step at a time”.