{"id":250811,"date":"2024-08-03T05:05:23","date_gmt":"2024-08-03T05:05:23","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/03\/an-eventful-week-interest-rates\/"},"modified":"2025-06-25T17:13:15","modified_gmt":"2025-06-25T17:13:15","slug":"an-eventful-week-interest-rates","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/03\/an-eventful-week-interest-rates\/","title":{"rendered":"An Eventful Week \u2013 Interest Rates"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-53081\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>10 year Treasury yields are down 40 bps over the week.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-53082\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24.png\" alt=\"\" width=\"1200\" height=\"832\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24.png 1200w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24-300x208.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24-1024x710.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24-768x532.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/usgg10yr_ind_2aug24-624x433.png 624w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/a><\/p>\n<p>Over this week, the end-of-year CME Fed funds futures has dropped 15 bps. By year\u2019s end, the Fed funds rate will be down 78 bps.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/dff_cme2aug24.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-53083\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/dff_cme2aug24.png\" alt=\"\" width=\"878\" height=\"604\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/dff_cme2aug24.png 878w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/dff_cme2aug24-300x206.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/dff_cme2aug24-768x528.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/dff_cme2aug24-624x429.png 624w\" sizes=\"(max-width: 878px) 100vw, 878px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Fed funds (bold black), CME futures implied as of 7\/26 (teal), as of 8\/2 (red), in %. Source: Fed via FRED, CME, author\u2019s calculations.<\/em><\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/08\/an-eventful-week-10-year-treasurys\" title=\"8:53 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-08-02T20:53:48-07:00\">August 2, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/08\/an-eventful-week-10-year-treasurys\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] 10 year Treasury yields are down 40 bps over the week. Over this week, the end-of-year CME Fed funds futures has dropped 15 bps.<\/p>\n","protected":false},"author":1,"featured_media":250812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/250811"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=250811"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/250811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/250812"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=250811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=250811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=250811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}