Chart of the Week: Value Proposition
Last week’s bank failures steepened the Treasury curve to levels not seen since 9/11.
Last week’s bank failures steepened the Treasury curve to levels not seen since 9/11.
Last week’s bank failures steepened the Treasury curve to levels not seen since 9/11.
Companies are reporting better revenues and cash flows at different speeds.
Japan’s quarterly GDP has bounced around since Covid, narrowly avoiding recession.
Leveraged loan prices during secondary trading are steadily improving.
Markets are now beginning to believe the Fed’s message in higher for longer.
Secondary BSL bids are edging up in concert with optimism in public equities.
Small and mid-sized businesses generate most of US job creation.
Past government disputes on debt ceiling limits have sent market volatility soaring.
Despite the Fed’s hawkish jawboning, market rate expectations show little increase.