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.

Coming to a Central Bank Near You: QE-lite

Last Week: Interest rates were mixed as equities were modestly lower on the week, having recovered some of the sharp losses recorded early in the week. The yield on the 10-year US Treasury note extended its decline to 1.70%, down from 1.86% a week ago, to its lowest level since 2016. The move was also […]

Fed’s Plans Foiled by a Tweet

Last Week: Interest rates and equities were both lower on the week in reaction to escalating US – China trade tensions. The yield on the 10-year US Treasury note tumbled 23 basis points to 1.85% while 1-month LIBOR fell 2 basis points to 2.2285%. Oil fell 60 cents to $55.70, as the US Dollar and […]

One and Done?

Last Week: Interest rates drifted within tight ranges as global equities were little changed for the week amid positive economic data and a market fully expectant of a near-term Fed rate cut. The yield on the US 10-year Treasury note rose slightly to 2.08% from 2.06% last Friday, while 1-month LIBOR fell to 2.2370% from […]

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 […]