Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! Implied Fed Funds Rate The 10Y got up to 4.9% this week before settling back to 4.7% yesterday. We’ve had quite a shift in rates over the last couple weeks, so I wanted to share some charts that show rate predictions over the next couple years. The first chart shows the implied fed funds rate at each of their upcoming meetings (for those interested, this is the WIRP command in Bloomberg). The WIRP function is used to show the implied probabilities of interest rate moves at future central bank meetings based on the pricing of interest rate futures. As you can see, the market is predicting one more hike, and then a slow decrease throughout 2024.
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Clouded Judgement 10.6.23 - Fed Projections
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Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! Implied Fed Funds Rate The 10Y got up to 4.9% this week before settling back to 4.7% yesterday. We’ve had quite a shift in rates over the last couple weeks, so I wanted to share some charts that show rate predictions over the next couple years. The first chart shows the implied fed funds rate at each of their upcoming meetings (for those interested, this is the WIRP command in Bloomberg). The WIRP function is used to show the implied probabilities of interest rate moves at future central bank meetings based on the pricing of interest rate futures. As you can see, the market is predicting one more hike, and then a slow decrease throughout 2024.