Traders see fading chance of October Fed rate hike
TLT•Traders priced in less than a 50-50 chance of an October Fed rate hike after August inflation rose less than expected, while still fully expecting a hike by December.
1. Rate hike bets ease
Traders eased up on Federal Reserve rate hike bets after government data showed inflation rose less than expected in August. Futures priced in less than a 50-50 chance of an October hike, while traders still fully expected a hike by December.
