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Short-term rate futures fall as markets price 90% chance of Fed hike

  • Short-term rate futures fell as markets increased bets on a September Federal Reserve hike.
  • Markets put the probability of a hike next week at about 90%.
  • Traders fully priced two Federal Reserve hikes by the end of the year.

U.S. short-term interest-rate futures fell after inflation data as markets increased bets on a September Federal Reserve (U.S. central bank) rate increase. The probability of a hike next week rose to about 90%, while markets fully priced two Federal Reserve increases by the end of the year.

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Short-term rate futures fall as markets price 90% chance of Fed hike - CoinPost Terminal