Despite the Federal Reserve’s efforts to quell inflation by raising interest rates an incremental 100-basis points in 2023 (after increasing by 425-basis points in 2022), the economy has performed surprisingly well, avoiding the recession many forecasters had predicted.
(via Scotsman Guide)
We’re not seeing existing small businesses spend more than they spent the year before,” said Stephen Squeri, CEO of American Express, “And that’s not an American Express phenomenon, that is an industry phenomenon.”
(via deBanked)
Amid a seemingly growing list of major company layoffs in 2024, one billionaire bond fund manager is raising questions over some data.
(via deBanked)
“The real estate mortgage industry has created new procedures, policies and creative financial concepts to provide solutions to liquidity and other problems that have plagued the industry for a long time.”
(via Scotsman Guide)
Below are recent treasuries and SOFR rates from Chatham Financial. Check out their site to view even more rates.
U.S. Treasuries
5 year
4.383% 05 Apr 2024
4.061% 08 Mar 2024
3.515% 07 Apr 2023
10 Year
4.391% 05 Apr 2024
4.088% 08 Mar 2024
3.412% 07 Apr 2023
SOFR (Secured Overnight Financing Rate)
5.32000% 05 Apr 2024
5.31000% 08 Mar 2024
4.81000% 07 Apr 2023
Other U.S. Rates (Fed Funds Effective Rate)
5.330% 05 Apr 2024
5.330% 08 Mar 2024
4.830% 07 Apr 2023