Reinvestment of Bond Proceeds Considerations Following Fed Rate Cut
Georgina Walleshauser
September 25, 2024
The Federal Reserve cut interest rates by 50 bps at this month’s FOMC meeting. Many of our clients have asked us about the market implications following interest rate changes made by the Fed. Similar to the interest rate increases we’ve seen in recent years, this rate cut seems to have been priced into the market for taxable short-term rates prior to the FOMC meeting last week.