Laserfiche WebLink
S.B. - Page 19 of 59 <br />REDWOOD CITY <br />For the Quarter Ended December 31, 2019 <br />Market Update <br />Fixed Income Performance Strong for the Year <br />1-3 Year Indices Treasury Indices <br />10% � 2019 -4—Q4 20% <br />8% 16% <br />6.1% <br />6% <br />5.1% <br />4.7% <br />4.3% <br />4% 3.6% 3.5% 3.6% <br />2% <br />o <br />N <br />0 <br />O <br />Lq <br />LO <br />to <br />U) <br />o <br />L <br />o <br />— <br />L' <br />o <br />O <br />o <br />M <br />0% <br />co <br />M <br />O <br />2 <br />cY <br />r- <br />O <br />Un <br />+ <br />I <br />O <br />co <br />LO <br />co <br />VJ <br />CU <br />O <br />W <br />Q <br />L <br />U <br />U <br />Q <br />~ <br />Q <br />o <br />U <br />o <br />U <br />Source: Bloomberg, as of December 31, 2019. <br />12% <br />8% <br />4% <br />14.5% <br />0% <br />U) <br />L <br />L <br />L <br />L <br />L' <br />L <br />M <br />co <br />co <br />M <br />O <br />2 <br />cY <br />r- <br />O <br />Un <br />+ <br />I <br />O <br />co <br />LO <br />ti <br />O <br />PFM Asset Management LLC 28 <br />