Traders Crowd Into Fed Futures Targeting a December Rate Cut
Investors are betting big that the Federal Reserve will cut interest rates again when policymakers meet next month, erasing doubts that had tipped the odds against a move as recently...
By Edward Bolingbroke, Ye Xie · Bloomberg Markets
Investors are betting big that the Federal Reserve will cut interest rates again when policymakers meet next month, erasing doubts that had tipped the odds against a move as recently as last week and setting the stage for gains in US bonds.