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The Treasury Yield curve has flattened and interest rates along the yield curve have fallen from <br /> December 31, 2018 pretty evenly across the 1-30 year terms. Credit quality certificates of deposits <br /> (CD's) continue to offer the best investment option, although agency yields are beginning to climb. <br /> Three-month notes are yielding 2.40% and the 10-year notes are 2.41%. <br /> Treasury Yield Curve <br /> 3.50% <br /> 3.00% <br /> 2.50% <br /> 2.00% <br /> -12/31/18 <br /> 1.50% -3/29/19 <br /> 1.00% <br /> 0.50% <br /> 0.00% <br /> 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr <br /> Cities generally use a short-horizon benchmark such as the two-year Treasury Bill or some similar <br /> measure, currently at 2.27%which is a decrease from 2.48% the previous quarter. Our current <br /> portfolio yield is roughly 2.48%,which is slightly more than the treasury yield benchmark. <br /> Our primary reserve account is our 4M Fund which is a money market account where many cities <br /> pool their funds. It currently yields 2.14%with daily withdrawal privileges. The city strives to <br /> maintain a strong diversification portfolio so liquidity and exposure risk are reduced. <br /> Attachments <br /> Investment summary <br />