Fed funds

Hedge funds have been on the wrong side of the Treasury market, at least lately. According to Bloomberg, they extended their short positions on Treasuries to a record high just before smaller-than-expected U.S. bond sales and disappointing job data ignited a bond market rally. U.S. long-dated...

The Federal Reserve on Wednesday raised the federal funds rate by 25 basis points to 5.25%-5.5%, marking the highest since February 2001. The impact the Fed's interest rate hike campaign is manifold, affecting almost every aspect of consumer and personal finance, from housing to credit cards. Let's...

The Federal Reserve raised the federal funds rate by 0.25% to 5.25%-5.5% as widely anticipated Wednesday, pushing borrowing costs to their highest level since February 2001. This move marks a resumption of rate hikes after a brief pause in June, bringing the cumulative increase to 5.25 percentage...

By Michael Lebowitz The June 2024 Fed Funds futures contract implies that the Fed will only cut interest rates slightly between now and the summer of 2024. If the Fed Funds forecast proves correct, then it’s highly likely the yield curve will remain inverted and or longer-term yields will...

On Wednesday, the Federal Open Market Committee (FOMC) will almost definitely raise the Fed funds rate by 25 basis points to 4.75-5%, which might cause some market volatility, particularly for interest-rate sensitive equities. The volatility of U.S. stocks during and in the aftermath of a Fed...