Surveillance: Citi's Fed Funds Forecast
Bloomberg Surveillance
00:00
The Rise of the Fed Funds Rates
This morning we have seen a re-pricing back upward in terms of Fed funds rates later this year, and even earlier next. That's an important factor, but there are two, I think, what contributed to this rally. In part with what you describe, the decline in rates, but also a rare thing. Mostly market positioning doesn't matter, Lisa, but to us it has mattered a lot recently.
Play episode from 34:24
Transcript
