Quote:
Originally Posted by Ivanovich
David,
Can you update FFF outlook? I'm thinking it dropped somewhat, and looking for the actuals. Thanks, mate.
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Sure.
Eyeballing it, the December contract is down 2.5 points on the day, leaving it at 95.38 and the implied yield at 4.62--hardly a ringing endorsement for a cut to 4.50 by the end of the year.
And, the obligatory Bloomberg FFIP screen: