Freddie’s Move to SOFR Got You Rattled? Relax.

Last Week: Interest rates ended the week about where they started, as equities traded higher. The yield on the benchmark US 10-year Treasury note dipped two basis points to 1.57%, after plumbing the lower end of its recent range earlier in the week, while 1-month LIBOR rose 1 basis point to 1.66%. A flight-to-quality move […]

LIBOR – What’s in a Name?

Names can have negative or positive connotations.  In the financial world, some infamous names come to mind, such as “Ponzi” and “Madoff” that evoke feelings of dishonesty and scandal, based on the enormity of their respective thefts.  We have never met anyone with the last name of Ponzi, but we’re sure there are a few […]