PUBLIC FINANCE TRENDS
Credit Spread and Flat Yield Curve
Despite the recent rise in interest rates, this analysis shows that interest rates are still lower overall than they were a year ago.
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INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Future Fed Hikes Being Priced Into Market
The Fed Funds Futures market has almost fully priced in three rate hikes by the Fed in 2018. The Treasury market is also pricing in future moves by the Federal Reserve as yields have increased considerably over the past two months.
