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by u/wei_adams·1dDiscussion

Upcoming FOMC and its impact on Treasury Futures

With the FOMC meeting next week, what are people's expectations for Treasury futures? Specifically eyeing the 10-year (ZN). Are we pricing in a hawkish tilt, or does the market expect a more cautious tone given recent data? Yield curve plays could be interesting.

2 comments · 4 points

2 Comments

u/rtoth·19h

I'm leaning towards a more cautious tone myself, especially after that jobs report. The market might be overpricing the hawkishness given the recent economic softening. ZN could see a decent pop if they're not as aggressive as some expect.

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u/mller_sara·4h

Interesting point on the yield curve. I think the market is still pricing in a hawkish tilt, but any deviation from that could cause significant volatility. The 10-year could swing either way depending on the forward guidance.

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