Business Insights and Market Implications Summary

Interest Rate Markets

• EUR 10 Years IRS Interest Rate Swap:
  • As of March 21, 2025: 2.656 (down 0.010, -0.38%).
  • Day's Range: 2.634 - 2.672.
  • 52-week Range: 2.056 - 2.951.
  • Historical data available for download (daily, weekly, monthly yields).

Corporate Earnings and Stock Performance

• Weak corporate earnings weighed on global stock indexes.
  • FedEx and Nike reported weaker-than-expected results.
  • Global decline due to corporate underperformance and geopolitical risks in the Middle East.

Tariffs and Trade Policy

• US Tariffs:
  • President Trump imposed 25% tariffs on Canadian and Mexican goods.
  • Doubled tariffs on Chinese goods from 10% to 20%.
  • Market reaction: Discounted chances for a rate cut (21% chance of a -25 bp cut post-FOMC meeting).

Fixed Income Markets

• 10-year T-note yield: Down -1.9 bp to 4.218%.
  • Reflects market sentiment on interest rates and economic outlook.

Corporate News

• Alnylam Pharmaceuticals: Stock up following drug approval.
• Super Micro Computer: Stock up after upgrade.

Mortgage Lenders and Money Market Accounts

• Lists available for:
  • Mortgage lenders (rating, NMLS number, BBB rating, minimum credit score).
  • Top money market accounts (APY, minimum deposit, benefits, fees).

AI Stocks and Market Trends

• Various artificial intelligence stocks reported.
• Money blog covered changes to UK interest rates and best places to live.