Traders’ ‘Massive’ Options Play Contrasts With Fed Hike Talk
Traders in US interest-rate options have piled into positions that would profit from the Federal Reserve cutting rates sooner and more aggressively than investors currently expect, a bet that contrasts...
By Elizabeth Stanton · Bloomberg Markets
Traders in US interest-rate options have piled into positions that would profit from the Federal Reserve cutting rates sooner and more aggressively than investors currently expect, a bet that contrasts with the latest signals from some policymakers who have also raised the possibility of hikes.