Fed End

Last Week: Interest rates and equities fell, undermined on whole by concerns over slowing global growth. The yield on the 10-year US Treasury note fell to 2.44%, its lowest level this year and down from last Friday’s 2.58%. 1-month LIBOR rose slightly, to 2.4988% from 2.4855% this time last week. Oil was little changed at […]

The Fed’s Second Job: Volatility Killer

Last Week: Interest rates fell, and equities rose amid optimism that global growth may be stabilizing. The US 10-year Treasury note declined to 2.58% – a level not seen since early January – from 2.63% a week ago. 1-month LIBOR followed suit, falling throughout the week to 2.4817%. Crude oil rose $3 a barrel to […]

Jobs Stall Not a Reason for Concern

Last Week: Interest rates were mixed and equities declined slightly amid weakening economies globally. The US 10-year Treasury yield declined to 2.62% from 2.76%, while 1-month LIBOR rose to 2.49% from 2.48% a week ago. The price of oil declined slightly to $55.26 a barrel, as the US Dollar and Gold both rose. Treasury yield […]

Jobs Data to Drive Fed Action for Now

Last Week: Interest rates and equities rose on optimism over progress in US-China trade talks. The yield on the 10-year US Treasury note rose 7 basis points to 2.73% while 1-month LIBOR rose to 2.4903% from 2.4791% a week ago. Oil declined $0.65 to $57.05, the US Dollar strengthened, and Gold fell. Treasury yield volatility […]