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6.00% <br />5.00% <br />4.00% <br />3.00% <br />2.00% <br />1.00% <br />0.00% <br />Treasury Yield Curve <br />1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr <br />1/2f 24 <br />3/28/24 <br />Cities generally use a short -horizon benchmark such as the two-year Treasury Bill or some similar measure. <br />As of 3/28/24, the two-year T-bill was at 4.59%, up from 4.33% on 1/2/24. Our current portfolio yield is <br />roughly 4.89%. <br />Our primary reserve account is our 4M Fund, which is a money market account where many cities pool their <br />funds. It currently yields 5.275% with daily withdrawal privileges. It is important the city maintains a strong <br />diversified portfolio, prioritizing safety, liquidity, and flexibility in this market environment. <br />Financial Impact <br />N/A <br />Mission/Policy/Goal <br />Grow responsibly and be good stewards for every dollar to develop a sustainable and prosperous community <br />Attachments <br />1. 03-2024 investment summary <br />Page 191 of 201 <br />