Traders stepped up bets on further Federal Reserve rate hikes after fresh U.S. economic data was released on Sept. 30, according to a BlockBeats update citing Jin10. The move was reflected in gains in U.S. short-term interest rate futures, which the report said rose after the data came out. The brief item did not disclose the specific economic indicators involved or provide pricing details for the futures move, but it tied the market reaction directly to the data release. The update was published by BlockBeats under the policy and regulation category.
Traders increased bets on Federal Reserve rate hikes after U.S. economic data was released on Sept. 30, according to BlockBeats, which cited Jin10 as the source.
The report said U.S. short-term interest rate futures moved higher following the data release.
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