Meet Your New Master: Yellen 2.0

Last Week: Interest rates were mixed as equities declined slightly for the week; the US 10-year Treasury yield hit a fresh high of 2.95%  – a level not seen by markets since January 2014 – only to fall back to earth late Thursday to finish the week at 2.8660%, lower than the 2.88% levels seen […]

Treasury Deluge to Keep Rate Forecasters Guessing

Last Week: Interest rates logged new highs and equities rebounded amid an uptick in inflation. Stabilizing equities – the S&P 500 Index had its best five-day run since 2011 through Thursday’s close – and firm inflation data translated into 10-year Treasury yields reaching their highest level since 2014. Rates peaked at 2.94% before easing to […]

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Your Guide to Choosing a Rate Cap Broker

As a commercial real estate broker, lender, attorney or accountant, your floating interest rate borrowers frequently ask you, “How do I obtain the interest rate cap the lender is requiring?” You likely have a “short list” of rate cap brokers you’re comfortable recommending.  While you may have confidence in the cap brokers ability to “get it done”, are […]

The Inflation Boogeyman is Coming For You

Last Week: Interest rates rose, and equities declined as inflation fears intensified. Upbeat purchasing managers’ indices and record-low jobless claims, combined with the recent solid uptick in US wage inflation, cemented fears that higher interest rates are indeed here to stay and are likely to rise even further. Yields on US 10-year Treasuries rose to […]

Higher Rates Have Arrived. Does it Hurt Yet?

Last Week: Notably higher interest rates were the main driver of markets last week, as the US 10-year Treasury yield rose to a nearly four-year high, reaching 2.83%, up from 2.69% the week prior. The move rattled equity markets globally, driving US equities to their worst week in two years amid a growing belief that […]