Last Week: Interest rates were mixed, and equities hit fresh highs as markets took a brief US government shutdown in stride amid strong purchasing managers’ indices, which signal continued synchronized global economic growth. Yields on US 10-year Treasury notes rose 2 basis points to 2.64%, while 1-month LIBOR rose to 1.5677% from 1.5601% the week […]
Last Week: Interest rates and equities firmed in the wake of progress on US tax reform. US Treasury bonds saw little net change however, with 10-year notes wrapping the week at a 2.3796% yield, up slightly from 2.3721% a week ago. 1-month LIBOR continued its steady march higher, trading to 1.4443% from 1.3920% over the […]
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