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home / news releases / SCHO - There Is A Bull Market In Bonds Out There


SCHO - There Is A Bull Market In Bonds Out There

Before the infamous tariff tweet on May 5 that announced to the world that the Chinese trade deal was in trouble, December 2019 Fed Fund futures settled at 97.735 (symbol ZQZ19). That number may not mean much to the average investor, but to a futures trader it implied that the market was expecting the Fed Funds rate to be 2.265% at the time of settlement of the Fed Fund futures contract in December 2019 (2.265 equals 100 minus the ZQZ19 price). At the close of trading last week, the same futures contract predicted a Fed

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Stock Information

Company Name: Schwab Short-Term U.S. Treasury
Stock Symbol: SCHO
Market: NYSE

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