invest1 distinct publisher
Warsh's refusal to reassure markets puts three-year money 78 basis points above the funds rate
Friday's 11 to 14 basis point jump in one-to-five-year yields leaves the three-year at 4.41 per cent, so anyone modelling a 2027 refinancing off a curve that priced cuts is now using the wrong base rate.
Publishers:wolfstreet.com
Reality
- Evidence68
- Adoption74
- Hype gap+15
- Incentives70