Cost of carry is almost zero

[Pekelo]

This is expiration week and the difference between the March and June ES futures is less than 2 points. Usually on expiration week there is a 13-14 points of premium for the new front end which comes from the cost of carrying it for the next 3 months.

Does this mean that the market's expectation is really low???

 

[jeb9999]

Fed Funds are at 3.00% (and heading lower) and the yield on the S&P 500 is 2.35%, so you figure it out.

 

[volente_00]

I noticed that as well. I have never seen it with so little premium on the rollover.

 

[stock777]

I think its because they want you to buy.