Featured Market Data: Financial Market Fallout
Coronavirus fears and anticipated impact on the global economy have driven large market moves. As of March 6th, the S&P 500 has declined nearly 13% from its closing price on February 19th. The flight to safe haven U.S. Treasury securities pushed yields to record lows, moving the 10-year Treasury to 0.75% as of March 6th.
Naperville, Ill. – December 3, 2019 – PMA Financial Network, LLC, PMA Securities, LLC and Prudent Man Advisors, LLC (“PMA”) are pleased to announce that as of December 2, 2019, by a vote of the Board of Trustees of the Nebraska Public Agency Investment Trust (NPAIT), the PMA team is now serving as the Administrator and Investment Advisor, in addition to Marketer (effective November 1st), of the NPAIT program.