Subdued Inflation to Encourage Fed’s Patience

Last Week: Interest rates stuck to their familiar ranges and equities traded higher as US recession fears tempered. The 10-year US Treasury note rose to 2.49% from 2.42% a week ago, nudged higher on signs of economic stabilization in China and continued hopes for a resolution of the US–China trade standoff.   1-month LIBOR fell to […]

Jobs Stall Not a Reason for Concern

Last Week: Interest rates were mixed and equities declined slightly amid weakening economies globally. The US 10-year Treasury yield declined to 2.62% from 2.76%, while 1-month LIBOR rose to 2.49% from 2.48% a week ago. The price of oil declined slightly to $55.26 a barrel, as the US Dollar and Gold both rose. Treasury yield […]

All Eyes on Inflation Data to Determine Fed’s Future Course

Last Week: Interest rates were up notably amid summer’s last hurrah, strong US economic data and a constant drone of political and trade-related headlines. The yield on the US 10-year Treasury note edged up 6 basis points to 2.94% while 1-month LIBOR continued its steady ascent higher ahead of this month’s looming Fed hike, wrapping […]

Lukewarm Jobs Report Renders June Hike a Sure Thing

Last Week: Interest rates were mixed while equities were slightly lower despite very strong earnings reports and a very busy data and event calendar. Yields on US 10-year notes were unchanged at 2.96%, while 1-month LIBOR notched higher to 1.9277%, as last Friday’s employment report showed only very modest wage pressures. The US Dollar strengthened […]

Three vs. Four Rate Hike Debate Rages as Markets Eye Inflation

Last Week: Interest rates and equities both traded higher on the week, benefiting from a decline in volatility and easing fears of faster rate hikes from the Fed. Yields on 10-year US Treasury notes rose 3 basis points on the week to 2.90%, while 1-month LIBOR continued its steady move higher to 1.7503% from 1.7017% […]