30 Oct Fixed Income Perspectives – “Good Grief!”
Posted at 11:20h
in perspectives
Voya Investment Management – Fixed Income Perspectives – October 2015
Investors anticipating a federal funds rate hike are likely feeling a bit like Linus waiting for the Great Pumpkin to rise out of his patch on Halloween. With the FOMC in September again deciding against unwinding its zero interest rate policy (ZIRP), most investors are focused on the December Fed meeting as the next chance for liftoff. Given the divergent messages from individual Fed governors, however, the timing remains anything but certain.