U.S. short-term rate futures slip after data release as Fed hike bets increase

According to ChainCatcher, U.S. short-term interest rate futures edged lower after the release of new U.S. data, while markets raised their bets on a Federal Reserve rate hike. The update points to a modest move in short-end rate pricing and a corresponding shift in expectations for Fed policy. No additional figures or timing details beyond the post-data market reaction were disclosed in the source. The report centers on two facts: a slight decline in short-term rate futures and firmer market pricing for further Fed tightening.