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Fed Hikes: Paused But Not Peaked

Last Week: Interest rates were mixed, and equities rose on the week, boosted by rumors of progress on the US-China trade front. The yield on the US 10-year Treasury note rose 2 basis points to 2.66% as 1-month LIBOR fell to 2.4803% from 2.4978%. Oil rose $2.50 to $55.25, as the US Dollar traded flat […]

Fed to Remain on its Hiking Path

Last Week: Interest rates traded slightly higher as equities fell on the week amid volatile trading, driven mainly by increasing political and economic uncertainty. Yields on the US 10-year Treasury note drifted higher to 2.89% from 2.86% last week while 1-month LIBOR continued its March higher to 2.45% from 2.42% this time last week. Oil […]

December Fed Hike a Done Deal as Markets Wonder What’s Next

Last Week: Interest rates were mixed, and equities fell amid increasing concerns over global growth and lingering trade tensions. The yield on the US 10-year Treasury note slumped 12 basis points from a week ago, to 2.89%, while 1-month LIBOR rose to 2.40% from 2.37% this time last week. Oil rose slightly to $52.61 as […]

What the New Fed Chair Means for Interest Rates

Last Week: Interest rates were mixed, and equities traded ever higher amid subdued, holiday-suppressed markets. The 10-year Treasury yield traded lower, falling to 2.34% from 2.37% the week prior as 1-month LIBOR continued to March higher to 1.3376% from 1.2942% over the same period. Oil and Gold rallied as the US Dollar weakened. Market volatility, […]

December: It’s a Done Deal

Last Week: The US employment report for September – the undisputed highlight of the week – was somewhat weaker than expected at 156K, but not weak enough to dent anticipation of a quarter-point hike by the Fed before the end of the year. Wages, another key piece of the report critical to continued growth in […]