Bank Analysis School - September 2023

Internal Use Only

Initial yield curve

Yield curve after the Fed lowered rates to stimulate the economy

Internal Use Only

Scenario #2: • You haven’t been fired and are still in charge of managing the investment portfolio. • GDP growth has been strong, and the stock market is approaching a record high. However, inflation is also up sharply.

What term structure would you seek for investment purchases?

(Zoom poll)