Posts

Listen to Your Central Banker: Patience Means Patience

Last Week: Despite the release of top tier economic data and the conclusion of a Fed meeting, rates and equites wrapped up the week where they started. The yield on the 10-year US Treasury note rose a miniscule two basis points to 2.52%, and 1-month LIBOR also stuck to its familiar range, falling 2 basis […]

Fed Talks Markets Off the Ledge

Last Week: Interest rates were mostly flat as global equities rose on the week, the latter shaking off a significant decline after strong US employment data and encouraging comments from Fed Chair Powell helped calm markets. The yield on the US 10-year Treasury settled at 2.66%, down 11 basis points from pre-holiday levels, as 1-month LIBOR traded slightly higher to 2.52% from 2.50% a week ago.  Oil rose modestly […]

Trade Hardball to Make You Uncomfortable Through Year’s End

Last Week: Interest rates fell, and equities were little changed as trade tensions dominated financial headlines. The yield on the US 10-year Treasury note slipped 5 basis points to 2.82%, as 1-month LIBOR followed suit, falling to 2.08% from 2.10% the week prior. The price of oil eased off its recent highs to wrap the […]

Trade Tariffs Impact on Rates: A Tempest in a Teapot?

Last Week: Interest rates were mixed, while equities traded lower on the week due to increasing trade frictions between the United States and China. Yields on US 10-year Treasury notes fell to 2.8135% from 2.8556% the week prior while 1-month LIBOR continued its steady march higher to 1.8750% from 1.8408% over the same period. Oil […]