Market Report:

August 19

In the U.S, the yield on the 2-year Treasury rose 14 basis points (“bps”) to 4.29%. The yield on the benchmark 10-year Treasury rose 26 bps to 4.73% and the yield on the 30-year Treasury rose the most – to 5.27% bps 4.95%.

Financial Fridays Sessions

Payden & Rygel Investment Management

Funds professionally managed by Payden & Rygel for 29 years running.

  • "It is my honor to serve as Chair of the Florida Trust – the longest running, member-owned and member-governed local government pool in the state. The Trust has met the investment and diversification needs of local governments all over Florida since its 1991 inception. Nearing its third decade, it continues to provide a great combination of safety, liquidity and yield, in that order."
    Hon. Pamela Childers, CPA, CGFO
    Escambia County Clerk of Court
  • “The Florida Trust provides local governments with two excellent investment options to manage public dollars safely and effectively. Polk County uses the Florida Trust Day to Day Fund to meet some of our short term investment needs and the Florida Trust Short Term Bond Fund to invest a portion of our core assets. We are pleased with the structure of the funds, the investment strategies used, the high quality of the securities purchased, and the overall level of service provided by Florida Trust staff and Payden & Rygel.”
    Philip J. Borozny, CTP
    Investment Manager Polk County Clerk of Circuit Court & Comptroller

Upcoming Events

29may12:00 pm1:00 pmFinancial Fridays

Sector Allocation

% of Portfolio Assets (04/30/2025)

Commercial Paper

36.08%

Certificate of Deposit

13.45%

Corporates

12.63%

Repurchase Agreements

11.91%

Municipals

9.26%

U.S. Treasuries

9.23%

Asset Backed Securities

6.82%

Govt. Related Securities

0.54%

Money Market

0.09%

Coll. Mort. Obligations

27.50%

U.S. Treasury Notes

26.07%

Corporates

24.55%

Asset Backed

21.10%

Money Market

0.69%

Municipal

0.10%

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