Rising Interest Rates

    Mar 23, 2017

Capital Structure Seniority with a Side of Lower Volatility


Late last year, three-month LIBOR surpassed 1%, making LIBOR floors a thing of the past.

    Mar 20, 2017

Hesitancy Looms over Financial Markets


U.S. government bonds have been on a bit of a ride. Late in February, they rallied, and U.S. ten-year treasury yield fell to 2.313%, its lowest close since...

    Mar 16, 2017

Upside Breakout in Treasury Yields


We’ve had an upside breakout in Treasury yields, and we expect it to continue with a growing economy and Fed rate hikes ahead. Rising interest rates is one of our themes for...

    Mar 7, 2017

Navigating Optimism and Uncertainty


The early days of the Trump era find the pulse of the business community in an unusual place—the co-existence of both historically high optimism and uncertainty.

    Mar 2, 2017

A Change in the Interest-Rate Cycle


Today’s bull market in the U.S. ranks as the third longest bull market for bonds in history and the second largest drop in interest rates. As a consequence...

    Jan 31, 2017

Reagan vs. Trump: Parallels, Implications, and Results


The election of Washington outsider, Donald Trump, who pledged to “Make America Great Again”, has led to...