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Traders raise Federal Reserve September rate-hike bets above 60%

  • Traders increased bets on a Federal Reserve September rate hike.
  • September rate-hike odds exceeded 60% in swap markets.
  • PANews reported the development on Sept. 4.

Traders are increasing their bets on a Federal Reserve rate hike in September, with swap-market pricing putting the probability above 60% as of Sept. 4, PANews reported.

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