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STIR: RBA Dated OIS – YE Expectations At Highest Level Since Late July

STIR

RBA-dated OIS pricing is 4-11bps firmer for 2025 meetings, with late-2025 leading. 

  • Currently, the market is pricing in a modest 3bps of easing by the end of the year, positioning the expected cash rate at its highest level since late July.
  • This reflects the market's adjustment to stronger domestic and US economic data, which has tempered expectations for rate cuts in the near term.

 

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RBA-dated OIS pricing is 4-11bps firmer for 2025 meetings, with late-2025 leading. 

  • Currently, the market is pricing in a modest 3bps of easing by the end of the year, positioning the expected cash rate at its highest level since late July.
  • This reflects the market's adjustment to stronger domestic and US economic data, which has tempered expectations for rate cuts in the near term.

 

Keep reading...Show less