Wages Take Center Stage

Last Week: Interest rates, Oil, and global Equities advanced, while Gold and the US dollar declined. The most-followed US equity indices; the Dow Jones Industrial Average, S&P 500 Index and Nasdaq Composite Index, all set records during the week. US 10-year-note yield rose to 2.50% from 2.42% a week ago, while 1-month LIBOR closed the […]

Test of the Trump Trade Begins – Buckle Up

Last Week: Interest rates trended higher while global equities were little changed on the week as markets awaited clearer policy signals from the incoming Trump administration. Friday’s US 10-year Treasury yield of 2.42% that greeted Trump was virtually the same yield that prevailed when Barack Obama was first sworn in eight years ago. Oil, the […]

Fed Tour Bus in Full Swing Ahead of Trump Train

Last Week: Global equities and interest rates extended gains as US financial firms kicked off the Q4 earning season with solid results. US 10-year Treasury yield traded to 2.42% from 2.36% the week prior while 1-month LIBOR traded higher to .7688% from .7633% over the same period.  West Texas Intermediate crude dipped to $53 a […]

It’s a Consumer Honeymoon

Last Week: Interest rates fell while global equities extended gains amid upbeat economic data and continued hopes for US fiscal stimulus. So far, US markets continue to hold just below record levels, with the 20,000 mark in the Dow Jones Industrial Average yet to be breached. The 10-year US Treasury note yields fell to 2.40% […]

Despite the Trump Mania, It’s all About the Consumer

Last Week: Global equities dipped modestly and US indices barely budged while interest rates rose modestly in light holiday trade.  The venerable Dow Jones Industrial Average approached the psychologically significant 20,000 mark before pausing. US Treasury yields were down slightly on the week, falling to 2.53% from 2.58% a week ago, while 1-month Lhttps://derivativelogic.com/dl-monitor/diminishing-expectations IBOR […]