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Market Update <br />4.50% <br />4.00% <br />3.50% <br />3.00% <br />2.50% <br />2.00% <br />1.50% <br />1.00% <br />0.50% <br />5.00% <br />4.50% <br />4.00% <br />3.50% <br />3.00% <br />2.50% <br />2.00% <br />1.50% <br />�0�� �0\� <br /><<e„o <br />�0\tt �0�� <br />� �aJ PJB , <br />Municipal Market Data (MMD) "AA" GO Yield Curve <br />2016 Bonds (11/30/2016) <br />3 Years Ago (10/6/2014) <br />Current (10/6/2017) <br />2015 Bonds (4/28/2015) <br />2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 <br />Current (10/6/2017) ®®2016 Bonds (11/30/2016) 2015 Bonds (4/28/2015) 3 Years Ago <br />Bond Buyer 20 -Bond GO Index vs. 30 -Year Treasury <br />Last Three Years <br />ti�1�4' <br />PJB o�, < e`o <br />•?C) o�, <(e5) 4aJ PJB <br />20 -Bond GO Index 30 -Year Treasury <br />11 <br />