Is your Floating Rate Loan Really a Fixed Rate Loan?

Change impacts all aspects of life.  This is especially true in capital markets.  Managing an investment portfolio or capital structure isn’t a static exercise, it’s dynamic. Let’s briefly reflect upon the recent turn in market sentiment towards lower interest rates and examine how this change has affected short term, floating rate financing, specifically highlighting a […]

Meet Me at Zero

Last Week: Interest rates and equities fell after a one-two punch from ongoing trade frictions and fresh signs of slowing global growth. The yield on the US 10-year Treasury note declined to 1.54% from 1.70% a week ago, its lowest level in three years, while 1-month LIBOR forged a similar path, falling to 2.17% from […]

Coming to a Central Bank Near You: QE-lite

Last Week: Interest rates were mixed as equities were modestly lower on the week, having recovered some of the sharp losses recorded early in the week. The yield on the 10-year US Treasury note extended its decline to 1.70%, down from 1.86% a week ago, to its lowest level since 2016. The move was also […]

Interest Rate Derivatives – Lowell Sprague

No matter the transaction or issue, DL has been very responsive, knowledgeable and results oriented in servicing our account. Overall, I would say that the swap market can be confusing and costly – and that DL creates simplicity and savings.

Fed’s Plans Foiled by a Tweet

Last Week: Interest rates and equities were both lower on the week in reaction to escalating US – China trade tensions. The yield on the 10-year US Treasury note tumbled 23 basis points to 1.85% while 1-month LIBOR fell 2 basis points to 2.2285%. Oil fell 60 cents to $55.70, as the US Dollar and […]