US EditionTraders Pile Into Contrarian Bet That Fed Will Front-Run Cuts
Summary by Bloomberg
1 Articles
1 Articles
All
Left
1
Center
Right
Traders Pile Into Contrarian Bet That Fed Will Front-Run Cuts
(Bloomberg) -- Traders in the interest-rate futures market are piling into a contrarian bet that would pay off in the event of aggressive Federal Reserve monetary easing this year.The wager is happening in futures on the Secured Overnight Financing Rate — which closely tracks the central bank’s key policy rate — and it involves buying the December 2024 contract while selling the contract due in December 2025.Scenarios in which the trade stands t…
·United States
Read Full ArticleCoverage Details
Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
