Fed funds’ projections lower in March

Press review Money Management "(...) EDHEC-Risk Institute’s professor of finance, Riccardo Rebonato, says there are a few reasons why the latest March projections for the Fed Funds in the year to come, made by the Fed Monetary Committee, were lower than the expectations from December. Rebonato, who is a specialist in interest rate risk modelling with applications to bond portfolio management and fixed-income derivatives pricing, said that market yields reflected expectations but also incorporated a risk premium, which was a compensation for bearing risk."(...) Copyright Money Management https://www.moneymanagement.com.au/news/financial-planning/fed-funds%E2%80%99-p… 2019