Fed Funds Futures Curve (Interest Rates)

Fed Funds Futures Curve (Interest Rates) For the first time, traders are starting to price in negative U.S. interest rates for first time. Image: The Daily Shot – The Wall Street Journal

Real Interest Rates and Recessions

U.S. Real Interest Rates and Recessions Currently, U.S. real interest rates are negative. In recent history, real interest rates were at least above 1.8% (orange line) before a recession.