Last Week: Interest rates and equities extended their gains amid signs the global economic expansion continues apace. US tax reform hopes and record-high equity indices helped fuel a rebound in US Treasury yields, which saw the yield on the 10-year note rise 11 basis points to 2.38%. 1-month LIBOR followed the 10-year’s move higher, climbing […]
Last Week: It wasn’t the most exciting end to the quarter, though the Treasury yield curve steepened on the back of a flood of Fed official commentary. Yields, global equities and Oil rose, while yields on 10-year US Treasury notes held steady at 2.41%. Volatility, as measured by the Chicago Board Options Exchange Volatility Index […]
Last Week: US interest rates and equities mostly slipped amid concerns that the Trump administration’s promised pro-growth policy agenda may have slipped into the slow lane as GOP lawmakers struggled to “repeal and replace” the Affordable Care Act. US 10-year Treasury note yield fell 10 basis points from a week ago to 2.41%, while 1-month LIBOR […]
Last Week: What a week! Markets scrambled to adjust to an unexpected victory for Republican presidential candidate Donald Trump, shaking off their initial jitters at the surprise outcome, ultimately pricing in a reflationary environment after Trump assumes office in early 2017. An expected policy mix of tax cuts and increased defense and infrastructure spending, along […]
| Address 1855 San Miguel Dr. Ste. 6 Walnut Creek, CA 94596 | Contact Us (415) 510-2100 · office (415) 510-2101 · fax |