Free Trial
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.
STIR FUTURES
- Fed Funds implied hikes keep to 75bps fully priced for Nov having drifted lower in recent days.
- 133.5bp to 4.42% for Dec’22 and a terminal 4.86% in May’23 sees an unwind of most of yesterday’s post-ECB cooling, potentially in spillover from European data beating.
- Smaller retracement in 2H23 with 4.42% for Dec’23, with the Dec23-Dec22 spread zero from a peak 25bps last week when the Dec’23 peaked at almost 4.8%.
FOMC-dated Fed Funds implied hike (top panel) and rates (bottom panel)Source: Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok