Last Week: Interest rates were mixed while equities were slightly lower despite very strong earnings reports and a very busy data and event calendar. Yields on US 10-year notes were unchanged at 2.96%, while 1-month LIBOR notched higher to 1.9277%, as last Friday’s employment report showed only very modest wage pressures. The US Dollar strengthened […]
Last Week: Interest Rates were mixed as equities set record highs again, both against a backdrop of solid US economic and earnings growth. Yields on US 10-year Treasury notes edged lower, trading at 2.34% versus 2.42% a week ago while 1-month LIBOR traded slightly higher to 1.2432% from 1.2421% the week prior. Oil rose by […]
Last Week: Yields moved higher and held through the week, as equities and mostly positive economic data releases left an impression of a gradually improving US economy. Standout news for the week was the upward revision in Q1 GDP from 0.5% to 0.9% and Fed Chair Yellen’s speech on Friday which signaled a probable rate […]
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