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Fed Rates Dip A Little Further As Minutes Digested, Still Large Gains On The Day

STIR
  • Updating the 1414ET post, rates have subsequently dipped a little further and appear to be holding the move from the above post.
  • The Dec'23 is now -3.5bps since the minutes at 4.785% as it's unwound most of the Waller boost but is still +7bp on the day.
  • Revised table below:

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