Think Happy Thoughts

Last Week Recap: Interest rates and equities were mixed last week, with key interest rate indexes moving in opposite directions joined with an equity market that continued to post record highs. Falling oil prices – trading near seven-month lows –  continue to be a growing cause of concern, slipping to $42.65 a barrel on Friday […]

Take Your Bitter Pill

Last Week: US Interest rates and equities were virtually unchanged on the week, despite last Wednesday’s much-anticipated Fed rate hike.  The yield on the US 10-year Treasury note fell 4 basis points from a week ago to 2.16%, while 1-month LIBOR continued its steady rise higher to 1.2122% from 1.1393% the week prior.  Oil and […]

Diminishing Expectations

Last Week: The fixed income markets shrugged off last week’s political fireworks, both foreign and domestic. Interest rates rose slightly while equities posted little net change on the week despite the much-hyped “Super Thursday” – filled with a European Central Bank interest rate decision, testimony from ex-FBI director Comey and a surprise result from the […]

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Rate Cap, Swap and Collar: A Cheat Sheet to Managing Rate Risk

In our conversations over the years with borrowers of all shapes and sizes, in a myriad of industries, we’ve seen time and time again that all borrowers basically share the same basic goal: to take advantage of low interest rates now while protecting themselves if interest rates rise in the future. Some borrowers opt for the […]

Doubt Springs Anew

Last Week: Interest Rates were mixed as global equities extended gains amid signals of moderate global growth and weak inflation. After disappointing US jobs data, the yield on the 10-year Treasury note slipped to 2.17% versus 2.24% last Friday, while 1-month LIBOR rose to 1.0861% from 1.0503% a week ago. Oil continued its drop, falling […]