Brief
Layering the Curve: Short Duration Today, Receive Fixed Tomorrow
Executive Summary The 10‑year SOFR swap rate has moved from roughly 3.5% before the Iran war to about 4.0%, pushing into a zone where receiving fixed begins to make strategic sense for liability manag
Executive Summary The 10‑year SOFR swap rate has moved from roughly 3.5% before the Iran war to about 4.0%, pushing into a zone where receiving fixed begins to make strategic sense for liability managers. The central thesis: over the life of a 10‑year swap, the Fed funds rate is likely to average meaningfully below 4%,...
Source
- Connect CREconnectcre.com
