DL Monitor

Our weekly newsletter, DL Monitor, provides market insights and observations on factors effecting hedging and derivatives. Subscribers receive notifications to the publications. Our monthly DL Report provides more authoritative white-paper for-subscribers-only.

Rates at a Crossroads

Positive Data is Not What it Seems

Rates to Trade Range-Bound Amid Bumpy Recovery

Last Week: Interest rates fell, and equities rose amid signs that most major economies in the world likely hit bottom in April. The yield on the US 10-year note ticked up 3 basis points from a week ago to 0.73% – near the midpoint of its 13-basis-point range – while 1-month LIBOR fell very slightly […]

“We’re Not Even Thinking About Thinking About Raising Rates” – Fed Chairman Powell

Last Week: Interest rates were mixed, and equities were sharply lower on the week amid concerns over an uptick in COVID-19 hospitalizations in several states around the country. The yield on the benchmark US 10-year Treasury note declined a whopping 22 basis points to 0.70%, while 1-month LIBOR rose two basis points to 0.20% after […]

Fed Curve Sculpting Looking Increasingly Likely

Last Week: Interest rates and equities were higher on the week as a risk-on rally received additional fuel from news that the US labor market is beginning to bounce back. The yield on the benchmark US 10-year note soared 26 basis points – the most since September – to 0.92%, as investors left the safety […]