TS Lombard warns Fed peak rate could match or exceed 2023-24 highs
FROM THE WIRE · SEEKINGALPHA.COM
[Percentage Symbol with Slash Replaced by Upward Arrow Representing Rising Interest Rates and Financial Growth] The Federal Reserve may have further to go in raising interest rates more than investors expect, with the peak potentially matching or exceeding its 2023-24 high…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishExpectations of higher rates for longer weigh on long-duration bonds and rate-sensitive assets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01TS Lombard says the Fed peak rate could match or exceed the 5.25%-5.50% reached in 2023-24.
- 02The Fed raised its target federal funds rate by 25 basis points in September to 3.75%-4.00%.
- 03Market pricing points to a terminal rate of 4.5%-4.75%, which TS Lombard argues may underestimate tightening.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets