Bloomberg/Edward/2-8-2023
“A shift in sentiment on Federal Reserve policy is emerging in interest-rate options, where several big wagers on the central bank’s benchmark rate reaching 6% — nearly a percentage point higher than the current consensus — have popped up this week.”
USAGOLD note: Whoodathunk? Not more than a week ago, traders were betting on a pivot. The Wall Street casino is alive, well, and thriving.
