Unlike the Federal Reserve itself, investors believe the “Fed pivot” moment is approaching rapidly. Forward swaps point to a peak in interest rates of up to five per cent. Some market experts however are “uncomfortable” with the view and don’t exclude a level of six percent of the US benchmark.
Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.
A subscription is free for professionals working at banks and independent asset managers.
