Geopolitics Driving Rate’s Direction for Now
Last Week: Interest rates and equities global equities drifted lower on the week, weighed down by contagion fears emanating from an intensifying Turkish currency crisis. The yield on the US 10-year note fell in reaction to the situation, slipping to 2.88% from 2.97% a week ago. 1-month LIBOR followed suit, dipping back to 2.0667% from […]