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Trade War to Dog Rates Through Year End

Last Week: Interest rates were mixed, and equities rose in a risk-on rally amid a slightly brighter outlook for US-China trade talks, receding risks of an imminent no-deal Brexit and hopes that tensions in Hong Kong will abate. The yield on the US 10-year Treasury note rose to 1.56% from 1.52%, while 1-month LIBOR fell […]

Meet Me at Zero

Last Week: Interest rates and equities fell after a one-two punch from ongoing trade frictions and fresh signs of slowing global growth. The yield on the US 10-year Treasury note declined to 1.54% from 1.70% a week ago, its lowest level in three years, while 1-month LIBOR forged a similar path, falling to 2.17% from […]

Trade War Fatigue Means Rates Low for Longer

Last Week: Interest rates were flat to lower as equities rose amid signs that central banks are preparing to act if the global economy continues to weaken. With markets now pricing in multiple rate cuts from the Fed, the yield on the US 10-year Treasury note fell 11 basis points to 2.06%, the lowest level […]

Rates to Remain Subdued as Markets Wonder Whats Next

Last Week: Interest rates and equities fell amid a setback in US-China trade talks. The US 10-year Treasury note yield fell to 2.44% from 2.53%, as 1-month LIBOR staged a rare retreat to 2.44% from 2.46% a week ago. Oil remained flat at around $62 a barrel, as the US Dollar weakened and Gold rose. […]

Interest Rates: Low for Longer

  Last Week: Interest rates and equities drifted modestly higher amid an uneventful week. The yield on the US 10-year Treasury note was unchanged versus a week ago at 2.66% while 1-month LIBOR stuck to its current range to end the week nearly where it began, at 2.4843%.  Oil rose $2.50 to $57.75, as the […]