Author: Nathan J. Rowader
June 26, 2017
Category: Quantitative Insights
Our Observations: The 10-year treasury yield ended the week at 2.15%, a 1 basis point change over the week. We see the increase in short-term rates standing out, as the scorecard’s cash proxy has nearly doubled its yield in the last year while all other yield options have experienced lower yields. At some point, we think cash may be a potential opportunity for growth which could put major pressure on all other parts of the bond market.