The yield on the benchmark 10-year Treasury note fell on Thursday, May 15, 2014 to close at 2.50%, a low not seen since last October. Intraday, the note touched 2.47%. Although investors have been expecting rates to rise, the bond market is not cooperating, confounding economists. Weak economic … [Read more...] about 5.16.14: 10-Year Treasury Yield Hits 9-Month Low; Swaps Follow
5.31.13: Swaps Widen Based on Bernanke Comments
The 10-year Swap Rate (Swap), the index used to set the interest rate for CMBS conduit loans, recently widened and is now above its 2013 range. For most of 2013 to date, the Swap has traded within a range of 1.80%-2.10%, but the Swap closed at 2.17% on May 27, the highest level so far this year. … [Read more...] about 5.31.13: Swaps Widen Based on Bernanke Comments