Fra Morgan Stanley:
Rates expectation have repriced |
In response to Fed speaks, better than feared economic data and perhaps better than feared bank earnings thus far, the rates expectation has repriced. The probability of rate cut in Nov meeting is down significantly whilst the probability of 25bps rate hike is now 88% vs. 70% prior. 21st vs 13th in the 2 charts… |
![]() |
![]() |