Free Trial

Fed Funds Implied Hikes Back To Highs

STIR
  • Fed Funds futures implied hikes are back near post-payrolls highs for Jun and Dec meetings but remain a little off for March.
  • 34bps is priced for March (high of 36bps) whilst June has crept back up to 81bps and Dec to 135bps. There is just shy of four consecutive hikes priced for Mar, May, Jun and Jul (95bps).
  • Bowman and Mester are scheduled to speak tomorrow. Mester last spoke before the Jan blackout, repeating her support for a March hike and saying the Fed should shrink the balance sheet as fast as it can without disrupting financial markets. Bowman hasn’t spoken for quite some time.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.