Economic and Market Overview

Table of Contents Funding MarketsGold Cash and CarryVolatility MarketsShort-term Funding MarketsWhat Stands OutGlossary Derivatives Market Overview November 2025 Subscribe to NISA’s Derivatives Market Overview. Funding Markets The year-end S&P 500 Total Return Index (SPTR) December/March forward-starting swap levels remained relatively stable during November, trading between Fed Funds +100 bps and...

Table of Contents MarketsEconomic DataInflationFederal Reserve Economic and Market Overview November 2025 Equity performance was mixed, credit spreads widened and the yield curve steepened over a month that saw the government reopen and the BLS release the September Employment Situation Report 48 days later than originally scheduled. Subscribe to NISA’s...