The Daily Advisor: April 22, 2024
Three Things To Know Today
1. This Thursday at 3 p.m. – Institutional Insights Webinar
Join our FHLBank Chicago Solutions team on April 25 for our next Institutional Insights Webinar! In our April presentation, we will focus on current market trends, rates, and an update on the economy as Q2 gets underway. Register today!
2. AHP Success Story - The André Apartments
We were honored to attend the grand opening of The André Apartments in Madison, Wisconsin last fall, alongside our member IFF and partners Movin' Out, Inc., and Wisconsin Housing and Economic Development Authority (WHEDA). Watch our video to hear from leaders of Movin' Out on the importance of accessible housing.
3. New Internal Transfer Service | Learn More at Our Upcoming Webinars!
We are launching a new internal transfer service in eBanking this May and are hosting two webinars (May 2 and May 7) to summarize the internal transfer service updates, walk through the new features, and answer questions. Register for the first webinar though the link above and visit the eBanking message center through fhlbc.com to learn more.
Market Commentary
Treasuries posted modest gains while equities were mixed. The Dow finished 0.56% higher while the NASDAQ and S&P 500 ended 2.05% and 0.88% lower, respectively. Treasuries rallied overnight as geopolitical concerns grew after Israel's response attack. Yields rebounded during the remainder of the overnight session, erasing some of the gains. Yields edged modestly higher throughout the trading day with little economic data to guide markets. Treasury yields ultimately ended 1-2 basis points (bps) lower across the curve.