The one-year Overnight Indexed Swap (OIS) has surged to 6.62%, the highest in 45 months. The one-year OIS yielded at 6.62% versus 6.64% on December 18, 2018, showed Bloomberg data compiled by ETIG.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions