Chart of the day: Rates markets are pricing...Rates markets are pricing in faster policy normalization for the BOE
With the Bank of England just a few days away, it’s always a good idea to reflect on the rates market and see what it’s pricing in.
Looking at the SONIA quarterly futures rates we can see that markets are pricing in much faster
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Quarterly IMM SONIA Futures (Dec 2021) is Mar 16, 2022.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Quarterly IMM SONIA Futures (Dec 2021) before Mar 16, 2022.