Traders Go All In on Fed Funds Spread as Liquidity Concerns Build
Traders have been piling in record amounts into a narrow corner of the US interest-rate futures market, betting on spread movements between overnight lending rates in the event the Federal...
By Edward Bolingbroke · Bloomberg Markets
Traders have been piling in record amounts into a narrow corner of the US interest-rate futures market, betting on spread movements between overnight lending rates in the event the Federal Reserve acts to dampen funding strains in money markets.