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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
- The implied terminal rate is now building after initially little change (barring very quick spike lower), with FOMC-dated OIS now at 4.97% for May meeting (15bp hike priced) from 4.94% prior.
- More significant volatility in year-end pricing, OIS bouncing back from immediate lows of 4.10% to 4.27% at typing but still down from the ~4.35% prior. It sees cuts build back to ~70bps but still well off last week’s extremes.
FOMC-dated OIS and Fed implied rates for Dec'23 meetingSource: 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.
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