Tag Archive for: Q1 GDP

Muddy Waters Will Spur Fed to Stay Cautious

Last Week: Interest rates were mixed as equities rose, underpinned by better than expected economic data and positive corporate earnings. The yield on the US 10-year Treasury note declined to 2.49% from 2.56% a week ago while 1-month LIBOR rose slightly to 2.4831% from 2.4766%. Oil traded flat at $63.50 as the US Dollar and […]

Treasury Yields to Grind Higher as GDP Takes Center Stage

Last Week: Interest rates and equities increased slightly on the back of data releases that helped to confirm that a US recession is less likely than originally feared. The US 10-year Treasury note rose to 2.61% from 2.50% last week, the highest since the Fed surprised traders in March by shifting to a more dovish […]