Fears of Overheating May Be Overdone: DealBook Briefing<br />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.<br />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.<br />Matt McClure, who currently is co-head of Americas M.&A., will replace Mr. Philip<br />as co-head of the industrials group, working alongside Clare Scherrer.<br />• Overall, deals worth nearly $380 billion have been announced this year, up 9 percent from the same time last year.<br />The Consumer Price Index, a government yardstick of inflation, jumped 2.1 percent in January, from a year earlier.<br />Late last year, Mr. Case and his venture capital firm, Revolution, teamed up with J. D.<br />Vance, author of “Hillbilly Elegy,” to create the $150 million fund to find promising<br />start-ups outside of Silicon Valley, New York and Boston, in which to invest.
