Public Publication Content

Expect steeper curve around first rate cut


Historical analysis shows a consistent tendency to steepen around the first Fed rate cut. Current case closest to 1995 and 1998. The FOMC should reduce its target range by 50 bp to re-center the funds rate relative to longer run expectations and inflation. All of our yield curve models now favor steepeners, except the 10-2.

Ned Davis Research | Fixed Income | Focus | Bi-Weekly

While you wait, explore additional NDR research and solutions.

Institutional Investors

Custom Research

Wealth Managers

Stock Selection

ETF Selection

HubSpot Form for Publications

Get Your Free Publication