Effective Date:  June 30, 2022


Equity markets posted strong gains this quarter as economies continued their post pandemic recovery. Interest rates reached a short-term peak in March with the US 10-year Treasury yielding 1.8% Since that time, interest rates declined modestly, and bond prices gained. The aggregate bond index gained 1.8% during the quarter. The US 10 Year Treasury bond currently yields 1.5% compared to 1.7% on March 31, 2021. No changes are recommended to your portfolio at this time.


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Brian West, CFA, CPA
Chief Investment Officer
(515) 284 1011

111 East Grand Avenue, Suite 412
Des Moines, IA 50309