Traders Expect 100bps of Rate Cuts

Posted on by http://wealthcreation.club
🇺🇸 🇺🇸 Swap contracts that predict the Fed’s decisions repriced to lower rate levels, implying traders expect almost 100 basis points of Fed easing by year-end. Last month, these contracts briefly priced in less than 75 basis points of easing this year, down from more than 150 basis points seen early in 2024

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