10/09/24 | Rates & Spreads in a Big Deficit World

Note: The date for this event has been changed to 10/9/2024.

Rates market, structure, outlook, liquidity, QT, impact on credit and equity markets.

Interest rates in a big deficit world. The net supply of Treasuries is projected to be trillions a year for the foreseeable future, and may be even higher in the event of a recession. How massive issuance impacts the rates market will depend on the behavior of market participants, but more importantly on the reaction of policy makers. We will discuss shifts in the marginal buyer of Treasuries, as well as how the Fed balance sheet policy, regulatory policy and Treasury debt issuance policy will play a pivotal role in shaping interest rates. The potential future trajectory of rates is much wider than it has been in the recent era.

Guest expert: Joseph Wang, CIO at Monetary Macro

Moderator: David Knutson, CFA, Senior Director of Strategic Outreach for S&P Global

As always, members’ participation is free. Non-member fee is $60.00

• When: Wednesday, October 9, 2024
• Where: Cornell Club | 6 East 44th Street | New York City
• Time:
  • 6:00 pm to 6:30 pm – Refreshments and networking
  • 6:30 pm to 7:15 pm – Presentation
  • 7:15 pm to 7:30 pm – Q & A
  • 7:30 pm to 8:00 pm – Refreshments and networking