Author: Nathan J. Rowader
September 11, 2017
Category: Quantitative Insights
The 10-year Treasury ended the week at a year to date low of 2.05%, setting the rate just above pre-election levels. At this point it appears that Fed Vice Chair, Stanley Fischer’s resignation and the list of potential new Fed chairs is shifting the market away from hawkish rate positions. While rates might not rise as fast as expected previously, we think this just means the challenges of low rates will persist longer.