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Interest rate environment: Last 10 years, monthly data
The Fed Funds rate has now been cut by 525 bp in the current cycle and stands at 0.25%.
With mid-term fixed to floating interest rate swaps trending lower in May'09, the markets expect short term interest rate policy to be neutral - dovish.
|
 |
 |
| Month |
|
Fed Funds |
|
3 Yr IRS |
|
5 Yr IRS |
|
10 Yr IRS |
| 04/2009 |
0.15% |
1.86% |
2.42% |
3.05% |
| 05/2009 |
0.18% |
1.85% |
2.60% |
3.40% |
|
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Time Series: Monthly for Interest rates. Charts start from 1999. Interest Rate Swaps are Fixed rates for 3m USD LIBOR. Data Source: Federal Reserve
Last Updated 06/10/2009
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