Bloomberg (July 28)
“Bond traders who’ve set themselves up for gradual interest-rate cuts starting in September are ramping up side bets in case a sudden slide in the US economy forces the Federal Reserve to be even more aggressive.” A minimum of two quarter-point rate reductions are priced in for the year and “some traders have gone even further with wagers that pay off if central bankers go bold and deliver a half-point cut in mid-September — or start lowering rates sooner.”
Tags: Aggressive, Bond traders, Central bankers, Economy, Fed, Half-point, Interest, Quarter-point, Rate cuts, September, Slide, U.S.
Bloomberg (July 13)
“Bond traders are ramping up bets that the Federal Reserve will cut interest rates by half a percentage point in September instead of the standard quarter-point increment.”
Tags: 50 bp, Bets, Bond traders, Cut, Federal Reserve, Interest rates, Ramping up, September, Standard
