One and Done?

Last Week: Interest rates drifted within tight ranges as global equities were little changed for the week amid positive economic data and a market fully expectant of a near-term Fed rate cut. The yield on the US 10-year Treasury note rose slightly to 2.08% from 2.06% last Friday, while 1-month LIBOR fell to 2.2370% from […]

Rates are Low and Falling: Should You Borrow Fixed or Floating?

5 Factors to Consider When Choosing Your Mix In our many years of advising borrowers of all shapes and sizes in myriad industries, when thinking of interest rates, one question remains steadfast in the minds of Treasurers and CFOs: Where does my company’s debt portfolio belong on the fixed – floating spectrum? With fixed interest rates near […]

This is What it Sounds Like When Doves Fly

Last Week: US interest rates fell, while equities were little changed on the week as drifting markets searched for clues on when and how much the Fed will cut rates. The US 10-year Treasury note yield declined 8 basis points to 2.05%. 1-month LIBOR fell 5 basis points to 2.2611%.  Oil fell nearly $5 to […]

Fed Rate Cut: 25 or 50?

Last Week: US interest rates were mixed, and equities closed at record highs after Fed Chair Powell all but confirmed a Fed rate cut later this month. The yield on the US 10-year note rose 18 basis points from last week, to 2.13%, while 1-month LIBOR fell 5 basis points to 2.330%. European yields mostly […]

Rate Cut Bets Tested

Last Week: Interest rates were mixed, and equities rose after news of a ceasefire in the ongoing US-China trade war and data showing America’s job creation engine produced a blowout month in June. The yield on the US 10-year Treasury note rose to 2.03%, rebounding from a three-year low below 1.96%, as 1-month LIBOR fell […]