Market Views - Cash Management

For more than three decades, Federated has been an industry leader in money market and cash management. Choose an article to read our views on the credit and money markets. For even more on this topic, visit our Liquidity Management Center.

Market Memo: What's next for Libor 
Aug. 3, 2017 :: Robert Kowit
It may fade away in the cash markets but it's not likely to disappear
Month in Cash: Libor's long goodbye 
Aug. 1, 2017 :: Deborah Cunningham
Time is relative in the financial markets.
In Short: Libor, soon an un-offered rate 
Jul. 27, 2017 :: Susan Hill
The announcement of Libor's demise wasn't unexpected, won't have a material effect on our operations.
In Short: Why Ford is a better idea 
Jul. 12, 2017 :: Deborah Cunningham
Industry sales and automaker's solid credentials undergird its commercial paper.
Month in Cash: The waiting game 
Jul. 1, 2017 :: Deborah Cunningham
Rising money market yields eventually should lure more money back into prime funds.
Month in Cash: When $1 isn't equal to $1 
Jun. 1, 2017 :: Deborah Cunningham
Addressing some misconceptions about how institutional prime and tax-free money fund floating NAVs are managed.
Month in Cash: Finally able to catch our breath 
May 1, 2017 :: Deborah Cunningham
Geopolitical volatility abounds, but cash managers are enjoying a bit of calm.
Month in Cash: Inflection point in Fed policy? 
Apr. 1, 2017 :: Deborah Cunningham
Has the Federal Reserve shifted to a true tightening cycle?
Month in Cash: If Fed talks up March, it had best act 
Mar. 1, 2017 :: Deborah Cunningham
If Fed officials' comments this week lead markets to believe in a March move and it stays pat for no reason, its credibility will suffer.
Month in Cash: Likelihood of 3 hikes fading 
Feb. 1, 2017 :: Deborah Cunningham
We see enough economic and political uncertainty to go against consensus on Fed moves in 2017.
2017 Outlook: Month in Cash 
Jan. 1, 2017 :: Deborah Cunningham
2017 could be positive, but regulation, Trump, the Fed and other uncertainties await us.
Month in Cash: Hiking expectations for hikes 
Dec. 1, 2016 :: Deborah Cunningham
In addition to raising the target rate, the Fed likely will raise expectations of future action at its December meeting.
Fed Watch: Trump versus the doves 
Nov. 15, 2016 :: Susan Hill
The president-elect has been critical of Fed Chair Janet Yellen; how might this play out?
Election Special: Don't count out a Fed hike just yet 
Nov. 9, 2016 :: Deborah Cunningham
We don’t think the election result necessarily derails the FOMC’s decision to hike in December.
Month in Cash: Moving forward with gusto 
Nov. 1, 2016 :: Deborah Cunningham
Adapting to the reforms was a long road, but it didn't lead to calamity, and the future looks bright.
Month in Cash: Time for prime 
Oct. 1, 2016 :: Deborah Cunningham
Institutional prime and muni funds haven't just survived the reforms, they are poised to soar.
In Short: What's behind Libor's rise? 
Sept. 2, 2016 :: Randall Bauer
The approaching money fund reforms are causing unusual behavior in the London interbank offered rate.
Month in Cash: Preparation for reforms in full swing 
Sept. 1, 2016 :: Deborah Cunningham
Prudent cash managers are building up high levels of liquidity ahead of money fund reforms.

Conference Call

Join Chief Investment Officer of Global Money Markets Deborah Cunningham each quarter for an overview of what's happening in the cash market.