How good is your crystal ball on interest rates?

June 27, 2013 10:22 by Bill Conway in Economy  //  Tags:   //   Comments (0)
The following is a post from Dallas Wells of Asset Management Group, Inc., a subsidiary of Country Club Bank.

I will admit, my own crystal ball was a little hazy on this one. We are in a very unique situation with interest rates, as the level of central bank intervention across the globe has seriously distorted markets. The short end of the yield curve is always Fed driven, but with the QE programs, the Fed has been attempting to also control the long end of the curve. I think what the last few weeks have shown us is that while the short end of the curve may remain anchored near 0%, the long end could turn quite volatile on us. The mere whiff of change in Fed strategy wreaked havoc in the bond markets, and has moved the 10-year 100 basis points.

So, raise your hand if you saw this coming?
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Negotiating Loan Terms

April 19, 2013 09:47 by Bill Conway in Financing  //  Tags: ,   //   Comments (0)
Most of our recent posts have been about loan pricing and structure, which should come as no surprise to most of you. This is THE topic for banks right now, from rural community banks to the Wall Street megabanks. This means it is also the primary topic in our strategy discussions with clients. Our Flex Loan program is certainly helping clients book longer loans without the interest rate risk, but many are still facing hurdles on prepayment language and prices that translate to spreads under 200 basis points. I had this on my mind when I saw this post from Seth Godin's blog called "Avoiding the Custom Bully." [More]

Is the End of the Bond Bubble Finally Here?

February 12, 2013 15:27 by Bill Conway in Economy  //  Tags:   //   Comments (0)
If you do a quick google search for "end of bond bubble," you see just how loud the calls are for the end of what is now a 30+ year bull run in the bond market. I guess if you keep shouting it every year, you will eventually be right. So, is the media right and this is finally the year that it ends? [More]

Bond Market Dashboard - September 14, 2012

September 17, 2012 09:39 by David Patterson in Financing  //  Tags: ,   //   Comments (0)
The following is the Bond Market Dashboard for September 14, 2012.  

Interest Rates

August 24, 2012 14:24 by David Patterson in   //  Tags:   //   Comments (0)
Interest rates over the last month have been impacted by the ongoing European financial crisis and speculation on the Fed's next moves. There appears to be a growing anticipation of the Fed announcing Quantitative Easing 3 ("QE3") this fall or early winter.  There is still debate on QE3, and how much easing might occur.  Another possibility is being circulated; the Fed may keep interest rates low beyond its current pledge of late 2014.      Email comments to David Patterson.  

Measuring What Matters: Using Dashboards

July 23, 2012 10:34 by Capital Advisors in Economy  //  Tags:   //   Comments (0)
David Patterson Dashboards have long been a tool used by management to aggregate and organize data from various sources.  They allow managers to see a “snapshot” of their company’s performance. CFO magazine recently published an article about the expanding use of dashboards. CC Capital Advisors uses a weekly U.S. economic, interest rate and commodity dashboard to understand the U.S. economy.  Below is a snapshot of the CC Capital Advisors’ Utility Market Dashboard.  

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