February 27, 2015

Morning Comment

As February comes to a close (can you believe we’re already 2 months into 2015?), we find yields higher on the month (curve steepened with longer rates higher by +38 basis points), the stock market a lot higher (Dow is up over 1,000 points this month), the dollar a touch firmer, gold prices lower by -$80 an ounce...

Closing Comment

The markets spent most of the day treading water, but things heated up with about an hour to the close.  As the day ended, stocks were in red figures, while bond prices were rallying...


Full Commentary

CertificatesMaturity DateRate
60 Days04/27/20150.16%
90 Days05/27/20150.20%
1 Year02/26/20160.42%
1.5 Years08/24/20160.64%
2 Years02/27/20170.84%
Overnight Loan0.89%
Demand Loan1.42%

View All Rates