Fears of Overheating May Be Overdone: DealBook Briefing The yield on the bellwether 10-year Treasury note rose above 2.9 percent on Wednesday, well above the 2.4 percent at which it finished last year. Mr. Philip was most recently co-head of the global industrials banking team, and before that, he was a co-head of Americas M.&A. Matt McClure, who currently is co-head of Americas M.&A., will replace Mr. Philip as co-head of the industrials group, working alongside Clare Scherrer. • Overall, deals worth nearly $380 billion have been announced this year, up 9 percent from the same time last year. The Consumer Price Index, a government yardstick of inflation, jumped 2.1 percent in January, from a year earlier. Late last year, Mr. Case and his venture capital firm, Revolution, teamed up with J. D. Vance, author of “Hillbilly Elegy,” to create the $150 million fund to find promising start-ups outside of Silicon Valley, New York and Boston, in which to invest.
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