Where the Market puts rates and when, what it tells us about the U.S Economy

Over the last 15 years the market has called where rates will be and when 6 times better the the Fed

 

On the 22nd of May 2023 6 trillion in the face value of open 3 month interest rate positions told us rates have peaked.

 

That rates will decline by 0.83% by December 2023 by 2.29% by December 2025