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/PRNewswire/ -- Global AI and analytics leader SAS has acquired Honolulu-based Kamakura Corporation. Privately held Kamakura provides specialized software,...
In the aftermath of the Fed’s rate hike last week, Treasury yields settled in at a lower level, with the peak in 1-month forward rates down 0.11% for the week.
The Fed’s 75 basis point rate hike last week was not exactly shock and awe, as intermediate term yields reacted but the 10-year outlook barely budged.
The gap between the 10-year Treasury yield and 2-year Treasury yield narrowed this week to a positive 9 basis points.
Friday’s implied forward rate curve shows a quick rise in 1-month rates to an initial peak of 3.46%, versus 3.32% last week. The probability of an inverted yield remains high.