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SVB Collapse Sends Fed Rate Trajectory on Lower Path: In Charts

The macro backdrop has shifted aggressively amid the fallout from the collapse of Silicon Valley Bank.
Signage outside Silicon Valley Bank headquarters in Santa Clara. Photographer: David Paul Morris/Bloomberg
Signage outside Silicon Valley Bank headquarters in Santa Clara. Photographer: David Paul Morris/Bloomberg
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The macro backdrop has shifted aggressively amid the fallout from the collapse of Silicon Valley Bank. 

Eurodollar futures move to once again price cuts for the second half of 2023:

US 2-year yields see their largest three-day slump since the Black Monday financial scare of 1987:

Breakevens on Friday quickly priced in a disinflation impulse from the regional banking crisis: 

Bloomberg’s US Financial Conditions Index returns to restrictive territory:

--With assistance from .

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