Despite the recent rally, oil and gas price risk remains this summer. Natural gas will not be spared from this volatility, as gas prices have been highly responsive to oil…
U.S. Treasury yields and interest rate swap rates remain near their record lows set last Friday (May 8) as most economic releases throughout the week revealed record weakness, helping to…
The highly anticipated Nonfarm Payroll and Unemployment Report from the U.S. Department of Labor was released Friday morning, showing an unprecedented cut of 20.5 million jobs in the month of…
Wednesday, the U.S. gross domestic product (“GDP”) was reported to have fallen by 4.8% in the first quarter, providing the first view into the amount of damage the coronavirus shutdown…
Last week, economic data coming in from the coronavirus’ impact came in worse than expected, leading to the ten-year Treasury falling to 0.62%, its lowest level since the Fed’s emergency…
Early in the week, markets were pulled down by the continued adverse economics of the coronavirus and the corresponding national shutdown. The Center for Disease Control and Prevention (CDC) said…
Nearly all economists, forecasters, and pundits have abandoned the hope of a “V”-shaped recovery from the global coronavirus pandemic’s effect on the global and U.S. economies. Most forecasts now call…
The theoretical, risk-reducing relationship between oil prices and interest rates is not observed in practice. Correlations have often been detrimental to the financial risk of energy producers. Recent charts make…