Future chat group

At the same time, many people are also looking at changes in inter-bank lending rates.

Morgan's lending rate rose from 0.7518%-0.7520% to 0.7519%-0.7522%.

Bank of America, Wells Fargo, and Chase have all begun to raise their lending rates, and even occasionally widen the difference between lending and borrowing rates, which means... they feel that the market is getting hotter.

Companies borrow from banking institutions, and banking institutions lend to each other. Demand increases and interest rates rise. Everything seems logical.

When interbank lending rates rose, banking institutions looked up and said, "Oh, the Fed's interest rates are OK. Come on, come on, borrow tens of billions to spend. So, the Fed followed the trend and raised interest rates, pushing up the federal funds rate." .

0.7519%, 0.7520%, 0.7521%, the U.S. federal funds rate suddenly jumped three levels, barely allowing the market to return to normal operation.

"It's been wiped out, our book losses have been wiped out!" Leo almost laughed. He believed in Lei Hao, but before the results came out, his trust was just idealism.

"It's really going up!" In an office in Forest, Arman and Buhler looked at each other.

We are all in the industry, and no one can deceive anyone.

This situation is a rebound from the bottom. The U.S. federal funds rate has been falling. Is it going to start to rise now?

"NO! This is impossible! Why now? How about delaying the loan application for a few days!" Oasis Securities wailed, and a group of people were dumbfounded.

The forward interest rate agreement that was just concluded in the morning, and the 3 basis points that the opponent gave away for free, are all gone now?

What's even more terrifying is that if this causes a chain reaction, then... wouldn't it be a loss?

"Impossible, impossible. The rise in interest rates will soon eliminate the need for funds. They will wait a little longer!" Keith's face was full of displeasure. He didn't care if he lost millions, but losing to Forest was not. It's not just about money.

"Now let's look at the attitude of these big banks and those who need funds." In Lei Hao's office, Leo seemed very interested: "Pinching the money bag may make those who need funds retreat, and it may also cause an imbalance between supply and demand."

"The demand accumulated some time ago will explode at this time." Lei Hao looked at Leo and said, "Would you like to take a gamble?"

"Only a fool makes a bet with you, I won't do it!" Leo subconsciously refused.

"I bet it will rise by more than 100 basis points." Lei Hao said.

"150!" Leo couldn't suppress the soul of an old gambler, he bargained subconsciously, and then added a little falsely: "I'm talking about the interest rate on May 1st, Lei, three days, only three days."

"I accept." Lei Hao quickly agreed. In addition to making money, he also cheated his subordinates. The world would be really beautiful.

"I regret not gambling."

"What about 160?"

"Uh... I quit gambling." Leo blinked. Even though he was very moved, he didn't want to fall into the pit. Instead, he said happily: "Lei, I won't bet with you. I'll go to Arman's office to see look."

Watching Leo walk out of the office, Lei Hao was a little dumbfounded. He didn't expect that Leo, such a thief, would actually figure out the price line he wanted from here, and then ran to play with others.

"It will rise again." Looking at the interest rates that have stopped rising, even if the future is there, Lei Hao starts to get nervous before the answer is revealed.

Converted into RMB, this is a figure of hundreds of millions, and it is even more related to the issue of whether Oasis Securities can obtain it.

Before lunch, Leo ran over again and said to Lei Hao grandly: "Lei, I bet you a 150 basis point increase, golf club entertainment, free selection of beautiful girls, free food, and luxury car transportation. Come on. "

"You... did arbitrage?" Looking at Leo's "grand" expression and thinking about his usual style, Lei Hao asked speechlessly.

"How is it possible? Am I like that kind of person?" Leo was righteous. However, in fact, he and Arman bet on an increase of 100 basis points. The bet was the same, and Lei Hao was also involved. If he got another share A bet with an increase of 150 basis points, so no matter what the outcome is, he can eat and drink for free anyway.

This is technology arbitrage! As a top student at Princeton and UCB, Leo shamelessly used his knowledge in such a place.

"OK, I'll make a bet with you, but I want to take Yingfeng with me." Lei Hao said with a smile.

No matter whether he wins or loses, it is actually just a gathering of the company's top executives, and Lei Hao certainly knows how to do it.

Moreover, judging from the content of this bet, Lei Hao also noticed the change in the attitudes of Arman and others, from disbelief to belief but not knowing to what extent they should believe it.

"Buhler, I kind of hope I lose the bet." In Arman's office, looking at the unmoving interest rates, Arman said to Buhler with a wry smile.

"Me too." Buhler smiled brightly, "Each basis point represents 300,000 US dollars. If it is 100 basis points, it is 30 million. Yaman, do you know what this means?"

"It means we may acquire Oasis Securities!" Arman's eyes also lit up.

"At least swallow some of their departments!" Buller said happily.

The two exchanged glances and couldn't help but feel excited.

Forest and Oasis are sworn enemies. They have been entangled with each other for so long without a clear winner. If Lei Hao can swallow his opponent less than a week after arriving in the United States, this is simply... too ruthless.

"Leo still treats us as friends. Let him let go of the past." Both Arman and Buller thought silently in their hearts that if they could win this time, they were willing to forgive Leo for his previous failures and recklessness.

Yes, it's a so-called bet, and it doesn't matter whether you win or lose, but Leo took great pains to establish a place for his old colleagues to communicate privately with Lei Hao. What if it was placed in another company? He doesn't care.

Forest is Leo's Waterloo, but it is ultimately the place where Leo can let his dreams fly.

After an increase of several basis points, followed by a period of stagnation, everyone accepted the agreement. But is this a shock at the bottom or a rise? They are not sure.

In the afternoon, interest rates were hovering, showing no upward trend, and stabilizing with no intention of falling. What outsiders didn’t know was that the number of loan approval applications received by banks was increasing, and momentum began to accumulate rapidly.

The next day, when the interbank interest rate was announced, almost everyone was shocked to death.

0.7563%, which is the U.S. federal funds rate, measured by continued lending demand from banks, gave a 41 basis point increase.

On Thursday, the 27th, after rising from 0.7563% to 0.7571% during the day on Wednesday, the US federal funds rate was set to open at 0.7628%, a full 57 basis points, which fully reflected the market's demand for funds and also detonated market sentiment. Desire for funds.

0.7628%, 0.7630%, 0.7635%... Throughout Thursday, all companies in need of loans began to contact banks. Banks conducted lending consultations with each other. Due to lack of funds and the injection of external funds, when outsiders did not know, the financial system Internally regulating itself.

The rise in interest rates and the influx of funds have led to the outflow of funds from other markets. However, this time the rise in interest rates was caused by companies' demand for funds, proving that the economy is improving. Therefore, other markets have a firm guarantee despite the outflow of funds. In order to prevent the price from improving, they may wait and see the market outlook, but do they want to fall? no way!

Outside the interest rate market, there is a narrow range of fluctuations and the market outlook is positive, but the interest rate market is receiving attention.

On Friday the 28th, the U.S. federal funds rate was reported at 0.7681%, pushing up 46 basis points overnight, indicating that the demand for funds has not diminished.

From the agreed interest rate of 0.7521% to the U.S. federal funds rate of 0.7681%, 160 basis points, a book profit of US$48 million takes only three days!

Everyone in Forest was dumbfounded, and insiders lamented, but Oasis Securities was in chaos, with major shareholders vomiting blood.