Traders Return to Fed Funds Wager That Surged During Repo Stress
Traders notched up record volumes in one narrow corner of the US interest-rate futures market this week, betting on a spread that reflects potential swings in overnight lending markets.
By Edward Bolingbroke, Alex Harris · Bloomberg Markets
Traders notched up record volumes in one narrow corner of the US interest-rate futures market this week, betting on a spread that reflects potential swings in overnight lending markets.