Wall Street Is Betting $2.1 Trillion That U.S. Rates Will Rise

By
Managing Editor
-
0
748

yellen-confused_7
By Min Zeng

Wall Street has never been so sure that interest rates are about to rise.
Investor bets on rising U.S. short-term rates hit the highest ever last week in the eurodollar-futures market, at $2.1 trillion. That breaks a record set in 2014, said Cheng Chen, U.S. rates strategist at TD Securities, citing data from the Commodity Futures Trading Commission going back to 1993.
It is the latest sign that the election of Donald Trump is reshaping financial markets around the globe. Investors have been scrambling for the past two weeks to position themselves for a Trump presidency that they believe will mean higher growth, higher inflation and a Federal Reserve that will be under pressure to raise interest rates in a way that hasn’t been seen for more than a decade.
Read the Full Article at www.wsj.com >>>>

ATTENTION READERS

We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
Previous articleU. of I. center provides services, on-site living for student veterans
Next article5 Types of Discounts You Get When You’re Military
Managing Editor
https://www.vtforeignpolicy.com

RELATED ARTICLESMORE FROM AUTHOR