Business Services Monthly - June 2018
Read the June 2018 business services news and commentary.
Industry news and commentary from the KeyBanc Capital Markets Diversified Industries Investment Banking Team. In this issue:
- The KeyBanc Business Services Index was up for the month, registering a 2.5% move (pg. 23)
- The interest rate curve fell as the 3 month LIBOR rate dropped 4 bps to 2.32% while the 30-year treasury yield declined 11 bps to 3.00% (pg. 2 & 32)
- The Professional & Business Services sector saw nonfarm payrolls increase by 31,000 in May (pg. 29)