Last Week: Interest rates mostly fell as global equities rose on hopes that looming Fed rate cuts will keep the global economic expansion intact, and on news that US – China trade talks will resume at this weekend’s G20 meeting. Yields on the US 10-year Treasury note fell below 2% for the first time since […]
Last Week: Interest rates logged new highs and equities rebounded amid an uptick in inflation. Stabilizing equities – the S&P 500 Index had its best five-day run since 2011 through Thursday’s close – and firm inflation data translated into 10-year Treasury yields reaching their highest level since 2014. Rates peaked at 2.94% before easing to […]
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