Market Update—Recent Changes to MMD Yield Curve
Since introduction of the proposed tax reform at the beginning of November the MMD Yield Curve has flattened significantly As expected, the Fed increased the Fed Funds rate by 0.25% and expects three additional rate hikes in 2018
Municipal Market Data (MMD) "A" Revenue Yield Curve
3.50%
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Current
November Board Meeting (11/2/2017)
2
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