Last Week: Interest rates drifted lower and equities were little changed, amid headline driven, choppy trading. The yield on the US 10-year Treasury note fell 10 basis points to 2.30%, its lowest level since late 2017. 1-month LIBOR followed suit, falling to 2.4281% from 2.4370% this time last week, on growing concerns the trade war […]
Last Week: Interest rates fell as equities recouped some of the ground lost last week amid the breakdown in US-China trade talks. The yield on the US 10-year Treasury note continued to decline, falling to 2.40% from 2.44% a week ago. 1-month LIBOR followed suit, falling 1 basis point to 2.44% (note that the […]
This month’s DL Report provides a short and sweet cheat-sheet concerning LIBOR’s sunset in December 2021. We’ll conduct a quick overview of what’s happening, what it means for borrowers, lenders and legal counsel, and what each should be doing now to prepare. First off, a quick review. Since the mid-1980’s, the London Interbank Offered Rate, […]
Last Week: Interest rates and equities fell amid a setback in US-China trade talks. The US 10-year Treasury note yield fell to 2.44% from 2.53%, as 1-month LIBOR staged a rare retreat to 2.44% from 2.46% a week ago. Oil remained flat at around $62 a barrel, as the US Dollar weakened and Gold rose. […]
Last Week: Despite the release of top tier economic data and the conclusion of a Fed meeting, rates and equites wrapped up the week where they started. The yield on the 10-year US Treasury note rose a miniscule two basis points to 2.52%, and 1-month LIBOR also stuck to its familiar range, falling 2 basis […]
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