Interbank Market News Scan: What retail traders should look at from the Federal Reserve perspective at 8:43 am EST.

The Stats … 30-Day Federal Funds Futures and Options: 95.135 Source: CME Group. Effective Federal Funds Rate: 5.08% Federal Funds Target Range: 5.00% to 5.25%. Discount Window: 5.25% Interest on Reserve Balances: 5.15% U.S. Ten-Year Treasurys: 3.39% EUR/USD=1.1026 USD/JPY=134.8500 GBP/USD=1.2650 AUD/USD=0.6747 NZD/USD=0.6299 Source: Board of Governors-Federal Reserve System. https://traderswithedge.com/?r=348. Today’s Definition: market maker. “A firm … Continue reading Interbank Market News Scan: What retail traders should look at from the Federal Reserve perspective at 8:43 am EST.

Interbank Market News Scan: Federal funds, Treasury note, foreign exchange, and bitcoin data as of 8:15 am EST

30-Day Fed Funds Futures and Options (ZQV3): 95.205 Source: CME Group Effective Federal Funds Rate: 5.08% Federal Funds Target Range: 5.00% to 5.25% Discount Window Rate: 5.25% Interest on Reserve Balances: 5.15% Source: Board of Governors-Federal Reserve System U.S. Ten-year Treasurys: 3.392 Source: MarketWatch BTC/USD: Broker bid: 27718.6, Broker ask: 27765.6 GBP/USD: Broker bid: 1.26244, … Continue reading Interbank Market News Scan: Federal funds, Treasury note, foreign exchange, and bitcoin data as of 8:15 am EST

Interbank Market News Scan: Where bitcoin, foreign exchange, Treasurys, and Fed administered rates stand at 10:23 am EST.

30-Day Federal Funds Options (June 2023 ZQM3): 94.92 Fed Funds Target Range: 5.00-5.25% Effective Federal Funds Rate: 5.08% Interest on Reserve Balances: 5.15% Discount Window Rate: 5.25% Two-year Treasurys: 4.00% Ten-year Treasurys: 3.52% Prime Rate: 8.25% EUR/USD: 1.1026 USD/CAD: 1.3419 GBP/USD: 1.2650 DXY: 101.36 BTC/USD: 28138 Sources: CME Group, Board of Governors-Federal Reserve, MarketWatch. Continue reading Interbank Market News Scan: Where bitcoin, foreign exchange, Treasurys, and Fed administered rates stand at 10:23 am EST.

The political party that wins the franchise on government should always think about yield.

The takeaway: Underwrite the political management company that understands yield… A very simple model of the needs of the State includes sustenance from bond yields, rents, and commodity prices. The Executive executes State power. The Congress codifies State power. The Judiciary clarifies State power. To maximize the yields acquired by the State, these powers should … Continue reading The political party that wins the franchise on government should always think about yield.

Interbank market news scan: NFA issues rule to protect against manipulating bitcoin and ether prices.

The Federal Reserve would like to see a looser employment market, including reduced wage pressure and an uptick in unemployment. If these measures do not work to control inflation into 2024, more intrusive measures targeting consumer spending are anticipated. Continue reading Interbank market news scan: NFA issues rule to protect against manipulating bitcoin and ether prices.

Georgia Power still looks like a proxy for bonds.

Ratepayer advocates in particular should keep in mind that ratemaking occurs in an environment outside of a public utility hearing room; that the rates used by a utility to attract investors and determine the rate of return on the assets used to generate energy are impacted by what happens in the banking environment. How you structure your strategy on rates should take this environment into consideration. Continue reading Georgia Power still looks like a proxy for bonds.