Free Trial

Fed Implied Rate Path Nudging Higher Post Decision

STIR FUTURES
  • After very little initial reaction, June FOMC OIS implied rates have pushed higher, now at 5.09% (+2bp since the announcement) but still largely the end of the hiking cycle.
  • Some added volatility continues further out but at typing back at 4.38% for Dec off a low of 4.34%, 1bp higher than before the announcement for 71bp of cuts this year.

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.