You may be thinking to yourself “what is a Qualified Institutional Buyer (QIB), and why may it be relevant to me?” Well, I would like to answer those two questions in the most colorful way possible: first giving you some quick notes on the history of the Act within which the definition of a QIB […]
Treasury yields climbed this week, with the 10-year Treasury yield rising roughly 12 basis points from last Friday to 1.45% (up 54 basis points year-to-date), and the 5-year Treasury yield rising 19 basis points week-over-week to 0.77% (up 41 basis points year-to-date), at the time of this report. Meanwhile, the short end of the Treasury […]
Following a somewhat sluggish holiday shopping season, retail sales picked up in January assisted by another round of federal relief checks. On a year-over-year basis, retail sales were up 7.4% in January versus up 2.5% in December. On a month-over-month basis, retail sales jumped 5.3% in January, following a 1.0% decline in December and a […]
