Entries by Advisors

Trade Crumbs To Keep Rates on a Precipice

Last Week: Interest rates were mixed, and equities rallied after negotiators reported that the US and China are making steady progress toward phase-one of a trade agreement. The yield on the US 10-year Treasury note rocketed 23 basis points to 1.94%, a three-month high, while 1-month LIBOR fell two basis points to 1.75%, and the […]

Fed on Hold? Not so Fast.

Last Week: Interest rates fell, and equities rose thanks to better than expected US corporate earnings, a strong October US jobs report and a glimmer of progress on the US-China trade war front. The yield on the US 10-year Treasury note fell 10 basis points to 1.71%, as 1-month LIBOR fell three basis points to […]

The Fed: Three Cuts and Done?

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%, […]

Resist the Recession Hype

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 […]

The Art of the (mini) Deal – Who’s Buying it?

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, […]