Entries by Advisors

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 […]

July Rate Cut Not a Slam Dunk

Last Week: Interest rates traded a bit lower and equities were slightly lower on the week, with markets awaiting news from the ongoing G20 summit in Japan. Yields on the US 10-year Treasury note dipped 6 basis points to 2.00% as 1-month LIBOR fell slightly to 2.3980% from a high of 2.4041%. Oil added $2 […]

Rates Taking Cues from G20 Outcome

Last Week: Interest rates mostly fell as global equities rose on hopes that looming Fed rate cuts will keep the global economic expansion intact, and on news that US – China trade talks will resume at this weekend’s G20 meeting. Yields on the US 10-year Treasury note fell below 2% for the first time since […]