Tax Reform and Inflation Data to Set Tone for Rates Through Year’s End

Last Week: US interest rates and equities drifted higher, the latter reaching all-time highs at midweek before backing off slightly ahead of the weekend and the former spiking markedly on Friday. Yields on US 10-year Treasury notes rose to 2.38% versus 2.34% a week ago as 1-month LIBOR ended the week at 1.2460% from 1.2442% […]