February 17

In the U.S, the yield on the 2-year Treasury note rose five basis points (“bps”) to 3.52%. The yield on the benchmark 10-year Treasury rose seven bps to 4.24%.adn the yield on the 30-year Treasury rose three bps to 4.87%.

Monthly Economic and Market Commentary



Jeffrey Cleveland, Chief Economist on inflation prospects - Hope is not a strategy. Click below for more.

Hope is not a strategy: Click Here.

Day to Day Fund

As of 2026-02-09

Day to Day Fund Balance

$1,708,001,927.840

Net Asset Value

$1.00

7 Day Yield

3.82%

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Short-Term Bond Fund

As of 2026-02-09

Short-Term Bond Fund Balance

$789,537,269.56

Net Asset Value

$30.52

30 Day Yield

3.95%

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

Payden & Rygel Investment Management

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26jan10:30 am12:30 pmFlorida Trust Board of Trustees Meeting- January 26, 2023

  • "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

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