Posts

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 […]

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 […]