Fed’s Resolve is Proving to be the Right Call as Inflation Pressures Build
Last Week: Interest rates were mixed on the week, while equities were higher, having recovered ground lost at midweek. The yield on the US 10-year Treasury note rose three basis points from last Friday, to 2.96%, backing off from a 3.0259% high hit on Wednesday. 1-month LIBOR staged a steady climb all week, finishing at […]