Baker Market Updates: Lunch with Lester

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Lunch with Lester - Week in Review is The Baker Group’s Friday newsletter that provides community bankers with an accurate recap of the week’s economic developments. Authored by our seasoned Associate Partner Lester Murray, this insightful publication tracks Federal Reserve policy and provides useful credit market updates including: Weekly Economic Calendar; Fed Fund Futures; Treasury Yield Curve; Agency Spreads; MBS Spreads; Municipal Spreads; MBS Prepayments; and FHLB Advance Rates. 
 

April 20, 2018

The Federal Reserve released the latest edition of its Beige Book this week and the good news is, it still goes with everything. Beige is the new black. The near-universal sentiment from all twelve Fed districts was that import tariffs do not go well with much of anything, and never will. Read more. 

Listen to this week's Baker Market Update Podcast.
 


April 13, 2018

Treasuries yields and equities alike drifted up this week volatility continued to decline from the mid-February run-up. Yields across the curve are up modestly (2Yr 2.36%, 10Yr 2.82%) and the 10s-2s spread remains tight around 50bps. Read more.
 


April 6, 2018

If this week’s wild market gyrations are any indication, investors worldwide still don’t quite know how to react to the unlikely popularity of an American television show that seems to editorially support the Administration. Read more.

Listen to this week's Baker Market Update Podcast.