December Hike Back on the Table

Last Week: Interest rate and equities remained mostly flat for the week, with the US 10-year Treasury note yielding slightly higher at 2.24% from 2.23% the week prior, and 1-month LIBOR finishing the week at 1.2383% from 1.2361% over the same period. Oil wrapped the week higher at $50.66, the US Dollar also strengthened slightly […]

The Great Fed Unwind Begins

Last Week: Interest rates rose markedly and equities nudged slightly higher as tensions continued to escalate between North Korea and the rest of the world. The yield on the US 10-year Treasury note jumped to 2.20% from 2.06% the week prior as recovery from Hurricanes Harvey and IRMA continued. 1-month LIBOR rose slightly to 1.2372% […]

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Resist the LIBOR Drama

Freaked out by the recent announcement of plans to end the use of the LIBOR index? Given that nearly every large floating-rate loan from a bank, conduit or life company is linked to LIBOR, the announcement by the UK Financial Conduct Authority over the summer has left lenders and borrowers in a quandary to not […]

Data Brown-Out to Keep Yields Low

Last Week: Rates fell and equities were little changed as markets digested escalating tensions on the Korean Peninsula and the potential impacts of hurricanes Harvey and Irma on the US economy. The odds of a third US Federal Reserve rate hike this year declined, prompting a drop in the yield on the US 10-year Treasury […]

What Could Possibly Go Wrong?

Last Week: Interest rates fell while equities firmed despite some midweek volatility surrounding North Korea’s missile launch over northern Japan. US 10-year Treasury yield fell six basis points to 2.14% on the week and 1-month LIBOR also fell to 1.2305% from 1.2388% the week prior. Oil dipped 80 cents a barrel to $46.75, the US […]