Last Week: A combination of mixed third-quarter corporate earnings results, uninspiring Brexit news and minimal global trade developments left interest rates mixed and led equity markets to modest gains. The yield on the 10-year US Treasury note inched higher, up a basis point to 1.80%, as 1-month LIBOR edged lower to match it at 1.80%, […]
Last Week: Interest rates fell amid muted developments in global trade talks and Brexit negotiations as a strong start to the Q3 corporate earnings season lifted equity markets slightly. The yield on the 10-year US Treasury note was up only a basis point as compared with last week, to 1.74%. 1-month LIBOR offered a little […]
Last Week: Interest rates were mixed, and equities traded higher on hopes for a ceasefire in the US-China trade war and optimism over the possibility that a Brexit deal might be reached before the end of the month. The 10-year US Treasury note yield rose by 19 basis points, its second-biggest weekly move this year, […]
Last Week: Interest rates and equities both declined, driven lower by negative economic data that sparked fresh fears of slowing US growth. The US 10-year Treasury note declined 16 basis points, to 1.53%. Following suit, 1-month LIBOR breached the 2.00% handle, falling to 1.98% late in the week. Oil fell $2.50 to $53.10, while the […]
Names can have negative or positive connotations. In the financial world, some infamous names come to mind, such as “Ponzi” and “Madoff” that evoke feelings of dishonesty and scandal, based on the enormity of their respective thefts. We have never met anyone with the last name of Ponzi, but we’re sure there are a few […]
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