Traders on Wall Street are placing significant bets on the likelihood of a Federal Reserve interest-rate cut in July. These bets, which could yield up to $28 million, are drawing attention in the fed funds futures market. The wagers are based on the expectation that US policymakers will reduce rates, diverging from the market-implied consensus. The bets stand to benefit if the odds rise for a rate cut at the July meeting.
✂️ Pair of Big Bets Stand to Benefit If Odds Rise for Fed Interest-Rate Cut in July https://t.co/U3k8Vr4MS0 https://t.co/OMjIL3zZBh
A pair of large bets in the fed funds futures market are attracting attention on Wall Street by setting aside the market-implied consensus for the Federal Reserve’s first interest-rate cut. The wagers stand to benefit from a ramp-up in expectations that US policymakers will…
(Bloomberg) -- A pair of large bets in the fed funds futures market are attracting attention on Wall Street .. The wagers stand to benefit from a ramp-up in expectations that US policymakers will reduce rates as soon as July. @EddBolingbroke @business #FOMC 🇺🇸
(Bloomberg) -- A pair of large bets in the fed funds futures market are attracting attention on Wall Street by setting aside the market-implied consensus for the Federal Reserve’s first interest-rate cut. @business @EddBolingbroke #FOMC 🇺🇸
Some traders on Wall Street have made some large bets that will pay out $28 million if the Fed cuts rates at the July meeting https://t.co/7Ds71ZB4XH
A pair of large bets in the fed funds futures market stand to benefit if odds rise for a July interest-rate cut by the Federal Reserve https://t.co/mMKTiOtC3w
🇺🇸 Traders Bet on a Treasury Rally With Two 2024 #Fed Cuts Priced In – Bloomberg https://t.co/0mNXLHYOyw https://t.co/ifdwNUk0Wi