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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (67765)8/18/2007 12:27:18 PM
From: ballsschweaty  Read Replies (2) of 116555
 
The Dec 08 eurodollars are about 95.20. If I understand it right, that prices in a Fed Funds rate at about 4.75% by the end of next year. I think fed funds will be way below that.

I don't trade eurodollars and might be interpreting the pricing wrong.
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