Entries by Advisors

Green Shoots of Recovery or Head Fake?

Last Week: Hopefully your holiday weekend was restful and sunny – DL would like to honor and thank our veterans past and present and their families for their sacrifice on behalf of the country. Interest rates remained in their ranges while equities rose as more regions of the world emerged from coronavirus lockdowns. Hope that […]

Curve Sculpting: The Fed’s Best Alternative to Negative Rates

Last Week: Interest rates and equities both moved lower on the week, as the incessant trickle of negative economic data and uncertainty from the pandemic continued to grip markets struggling to formulate a long term outlook.  The US 10-year Treasury note traded within a tight four basis point range, wrapping the week at 0.64%. 1-month […]

Fed vs Treasury Tug of War to Dominate Rate Moves

  Last Week: Interest rates were mixed, and equities were higher on the week as the economic fallout from the pandemic became clearer. The yield on the US 10-year Treasury traded within its well-worn yield range, bouncing a mere 7 basis points between its 0.70% peak seen mid-week and its 0.63% trough. 1-month LIBOR continued […]

Horrific Jobs Report Dooms Rates to Lows

Last Week: Interest rates moved lower and equities traded within their ranges as markets continued to assess the damage from the COVID-19 pandemic via a steady stream of dire economic data. The yield on the US 10-year Treasury note drifted lower throughout the week, settling at 0.61% as 1-month LIBOR followed suit, continuing its slow […]

Economic Forecast: Life After COVID-19

Last Week: Interest rates were mixed, and equities were modestly lower on the week in jittery trading amid the great pain and uncertainty brought forth by the pandemic. The yield on the US 10-year Treasury note floated within a tight range, wrapping the week near 0.61%. 1-month LIBOR finally closed in on the Fed Funds […]