Muddy Waters Will Spur Fed to Stay Cautious

Last Week: Interest rates were mixed as equities rose, underpinned by better than expected economic data and positive corporate earnings. The yield on the US 10-year Treasury note declined to 2.49% from 2.56% a week ago while 1-month LIBOR rose slightly to 2.4831% from 2.4766%. Oil traded flat at $63.50 as the US Dollar and […]

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Yield Curve Inversion: What it Really Means for Borrowers

The financial media has fallen all over itself of late to brow beat its watchers into believing that the current shape of yield curves point to a looming economic recession. While fun to watch, they fail to address the WIIFM (What’s In It For Me) factor for borrowers, and a needed explanation is due. In […]

Treasury Yields to Grind Higher as GDP Takes Center Stage

Last Week: Interest rates and equities increased slightly on the back of data releases that helped to confirm that a US recession is less likely than originally feared. The US 10-year Treasury note rose to 2.61% from 2.50% last week, the highest since the Fed surprised traders in March by shifting to a more dovish […]

Beware the Volatility Slumber

Last Week: Interest rates and equities rose on fresh signs of a stabilizing global economy. The yield on the US 10-year Treasury note rose a muted 7 basis points to 2.56%. 1-month LIBOR fell slightly to 2.48%, as Oil rose $1.50 to $64.15 amid supply disruptions in Libya, and the US Dollar and Gold both […]

Subdued Inflation to Encourage Fed’s Patience

Last Week: Interest rates stuck to their familiar ranges and equities traded higher as US recession fears tempered. The 10-year US Treasury note rose to 2.49% from 2.42% a week ago, nudged higher on signs of economic stabilization in China and continued hopes for a resolution of the US–China trade standoff.   1-month LIBOR fell to […]