** Up again this week ** The five-year interest rate swap more than doubled over the past six months from around 0.25% to roughly 0.62% today.* Treasury yields accelerated in the last two weeks.
Rising rate activity demands review by floating-rate debt borrowers and serious consideration of hedging floating-interest-rate risk exposures.
AEGIS Hedging can design and implement risk-management programs that neutralize rising rates.
* – Feb. 23; monthly, Act/360 basis, against one-month LIBOR
We welcome your call or note at email@example.com to start quantifying your risk, describing the nature of your exposure, and designing a hedge policy that removes the appropriate amount of rate exposure.
Want to learn more about rate-market developments? See the recent note from AEGIS discussing Treasury and swap markets here.
Below: Multiple rate benchmarks have moved higher in the last week and month. There is still room to rise before year-ago, pre-COVID-19 rates are met.