… and after the recent fed rate hike, I assume we can anticipate another big one for June?
I know it doesn’t track exactly, but I do have to wonder how much the April and May increases took into account anticipated fed action. Guessing we’ll top 5% one way or another.
June 2022 - 4.78%
Not as big a jump as I was expecting after the Fed hike. Huh.
Well, we’re looking at yield curve inversions in the near term…
we’re almost back to normal!
…an inverted yield curve?
July 2022 - 4.67%
Huh… a drop after the second 75bp fed rate hike in a row. Interesting.
August 2022
4.65
September 2022
5.18
… I’m gonna find ya I’m gonna get ya, get ya, get ya, get ya
October 2022
5.73
I decided to put a link back to this thread in the spreadsheet
And here is a graph
November 2022
5.56
December 2022
5.09
January 2023
5.02
February 2023
5.14
March 2023
5.23
April 2023
5.05
May 2023
5.28
So I checked the record, and going back to August 1982, 11 times the rate didn’t change between consecutive months (so far).
The median monthly change has been a 2-bp decrease.
July 2023
5.29
Aug 2023
5.58
