May Fed Meeting Preview: Macro Matters

FICC Focus · Apr 28, 2022 · 19m

In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by BI Associate Interest Rate Strategist Angelo Manolatos.

Jersey previews his views for the May 4th FOMC meeting and discusses his view for future 50bps interest rate increases and the possible affect on the Treasury yield curve. The team's written preview can be found Fed Terminal-Rate Calibration Makes Pace of 2H Moves Uncertain. He also mentions the Treasury Department's refunding announcement expected a few hours prior to the Federal Reserve statement release. He expects coupon security…