Rates
The latest CapitalWire reporting and analysis tagged Rates.
Wall Street Extends Relief Rally as Fed Holds, but December Hike Keeps Risk Appetite in Check
U.S. equities closed higher after the Federal Reserve held rates at 3.75%-4.00%, but implied odds of a December hike near 78% kept the advance contained and flattened the yield curve.
Fed Set for Hawkish Hold on Oct 28 as Markets Price a December Hike
The FOMC is expected to hold at 3.75%-4.00% on October 28, but futures put roughly 72%-80% odds on a further hike in December as CPI runs at 3.7% and the oil shock feeds through.
Opinion: The Neutral Rate Debate Is Missing the Point
Central bankers are arguing about a number they cannot observe. The more useful question is what the current policy stance is actually doing to the economy.
Fed Signals Patient Path as Committee Debates Neutral Rate
Federal Reserve officials used speeches this week to sketch a more patient approach to further easing, with several suggesting the neutral rate may be higher than previously estimated.
Treasury Market Reprices as Inflation Expectations Slip Below 2.3%
Long-dated U.S. government bonds have rallied sharply, pulling ten-year yields below 3.6% and breakeven inflation to a two-year low.