Free Trial

March Cut Pricing Back To Pre-Payrolls Levels With FOMC Decision

STIR

FOMC-dated OIS for March falls ~5bps to 5.16%, back to pre-payrolls levels pricing in a cumulative 18bp of easing for a notably greater than 50% chance of a first cut with that meeting, on the FOMC statement and SEP.


FOMC-dated OIS implied rate for March meetingSource: Bloomberg


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.