Topic

Front-End Rates

The short-maturity end of the government bond and money markets, roughly two years and in, where expectations for central bank policy dominate pricing.

Current clusters

invest1 publisher

BofA's front-end short needs twice the Fed hikes swaps are pricing

Mark Cabana's team has clients short SOFR and Fed Funds futures on a view that the federal funds target climbs toward 5.5%. Current swap pricing stops 75 basis points short of that.

Publishers:cryptobriefing.com

Reality

Evidence28
Adoption: Insufficient
Hype gap+35
Incentives72
Confidence30