Fears of Overheating May Be Overdone: DealBook Briefing

  • 6 years ago
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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