Insights

How will persistent high interest rates, geopolitical uncertainty, global paradigm shifts, and a rapidly changing technology landscape impact treasury priorities in 2024? Join treasury leaders as they share how they’re preparing now to manage interest rate, foreign currency, and commodity risk...

Extraordinary opportunities and challenges await treasury teams preparing for success in 2024. From the potential resurgence of M&A activities amid moderating inflation to ongoing impacts of geopolitical instability and global paradigm shifts, multiple converging trends will shape treasury...

The continued prospect of a soft landing led equities to linger near all-time highs as the new year begins, with markets still projecting rate cuts in the near future.

This independent study of 1,500+ U.S. public companies examines their risk exposures, hedging, capital markets activity, and hedge accounting practices. Request the report to see your debt and hedging practices compared with your peers.

The Fed unanimously decided to hold rates steady in the last FOMC meeting of the year. Powell’s dovish comments sparked a rally on Wall Street, as the market continued to digest new data.

Matt Henry, Chatham's Managing Partner and CEO, and Jeff Blau, CEO of Related discuss the real state of CRE, the housing crisis in NYC in both market-rate and affordable housing, the modern office as an ecosystem, and more.

Last week’s job data releases showed mixed signals, deflating market expectations that the Fed will cut interest rates early next year. While the Fed is expected to hold rates at this week’s meeting, the outlook remains uncertain.

Market exuberance continued last week as risk-on sentiment continued to take hold on Wall Street. Fed rate cut expectations increased, despite Fed commentary and potential headwinds within the economic data the market is using to calibrate its expectations. The resulting deviation between the...

The FOMC meeting minutes release headlined last week’s economic news. In the release, the Committee noted they see conditions continuing to tighten while inflation remains above their target.

Data released this week showed that jobless claims, the U.S. industrial production, gasoline prices, and the rate of inflation have cooled off. The U.S. dollar was on track Friday for one of its steepest weekly falls against other major currencies this year, while the Japanese yen showed one of...

During a light week for economic releases, commentary from Federal Reserve leaders provided color on the path forward for interest rates. Petroleum product prices dropped to recent lows amid reduced demand and growing interest in Venezuelan oil.

The Fed elected to hold the target rate constant last week, but dovish messaging and disappointing jobs data led markets to reevaluate the chance of future hikes.

Matt Henry, Chatham's Managing Partner and CEO, and Rob Kaplan, former President and CEO of the Federal Reserve Bank of Dallas, discuss the economy, alternative capital sources, interest rates, and more.

Robust economic growth led investors to be all-but-certain that the Federal Reserve will keep rates steady at their upcoming FOMC meeting on November 1 and reinforced bets that rate cuts may not begin until June of 2024. Meanwhile, the S&P 500 traded at the lowest seen in the last five months,...

Treasury yields are on the rise as stronger-than-expected economic data and geopolitical factors continue to create uncertainty across markets. Chair Powell has signaled "higher for longer' in his speech at the Economic Club of New York, two weeks before the next Fed meeting.

September data releases from the Bureau of Labor Statistics offer little clarity on the future of interest rates, as geopolitical events continue to impact yields and commodity prices.

The Bureau of Labor Statistics provided two reports last week, which display continued resilience in the U.S. labor market despite the House of Representatives ousting its speaker and the 10-year Treasury rate hitting its highest level since 2007. Additionally, in the aftermath of the Hamas...

As the U.S. government narrowly avoided a shutdown last week, rising oil prices assisted in pushing rates higher and strengthening the dollar.

Wednesday brought us another FOMC meeting with the committee voting unanimously to keep the fed funds rate at the target range previously arrived at during July’s meeting (5.25%–5.50%). More notable than the expected outcome of holding rates steady, though, were the updates in the Fed’s Summary...

Soaring fuel prices drove major economic data releases in August. Oil prices reached 10-month highs last week amidst production cuts and continued demand. The uptick in prices highlights the importance of having robust hedging programs in place so your firm can be prepared for market movements.

The U.S. dollar continued its recent upward trend, as markets grappled with hawkish messaging from the Fed and the potential for a November rate hike.

Mixed signals from a variety of economic data reports caused investors to constantly adjust their bets that the Federal Reserve will refrain from hiking interest rates further, resulting in a whipsaw in yields and a relative rebound in equities.

Corporations can take advantage of the current rate environment to reassess their interest rate exposure. Locking in rates on future fixed-rate debt issuances can be particularly advantageous because of the current inversion in the forward curve, heightened volatility in yields, and substantial...

When deciding between interest rate caps and swaps, you typically need to consider the inherent benefits of each instrument within the context of the current interest rate environment. In this article, we’ll review the fundamentals of caps and swaps and consider how market factors can affect...