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.

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, […]

Consumers to the Rescue

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 […]

Consumers Set to Chill Amid Hiring Slowdown

Last Week: Interest rates were mixed, and equities were modestly lower on the week as political turmoil and trade-related uncertainty gripped markets. The US 10-year Treasury note declined 9 basis points to 1.69%, as 1-month LIBOR rose 2 basis points to 2.03%. Oil declined $3.00 to $55.65 as most Saudi oil production came back online, […]

Repo Blowout Reveals SOFR’s Achilles Heel

Last Week: Interest rates traded lower as equities moved higher on the week as the Fed cut rates as expected but stirred up doubt as to the likelihood of future rate cuts. The yield on the US 10-year Treasury note declined 14 basis points to 1.72% and 1-month LIBOR also fell by 2 basis points […]

Rates Moving Higher: Breakout or Headfake?

Last Week: Interest rates were mixed, and equities rose on the week as crowded positioning, diminishing geopolitical and recession fears, and stronger core inflation data helped send US Treasury yields sharply higher. In a rush to the exits from the safety of Treasuries, the 10-year Treasury yield rose 33 basis points, wrapping the week just […]