New York Late Money Rates From The Wall Street Journal
CME Group Sets New Monthly ADV Record of 37.6 Million Contracts in February, Up 14% Year Over Year
"Dark horse" Riedel becomes the top candidate for Federal Reserve Chair as interest rate traders increase bets on rate cuts.
① As expectations grow that Rick Rieder, BlackRock's Chief Investment Officer, may succeed Powell, some futures and options market traders are increasing bets that the Federal Reserve will pivot to a dovish policy; ② Unpublished data on open interest in federal funds futures and SOFR futures released on Monday indicate rising market interest in new trades that could benefit from a more aggressive rate-cutting path than currently priced in.
CME Group Reports Record Annual ADV of 28.1 Million Contracts in 2025, Up 6% Year Over Year
As the U.S. government is about to reopen, Bitcoin is finally set to rise.
A small bull market may be about to begin.
Old Metrics Struggle to Measure the New Economy: Is It Time to Replace the Fed's Benchmark Interest Rate Indicator?
As policymakers assess the pros and cons of the Federal Reserve lowering US borrowing costs following its first rate cut in September this year, a new question is becoming urgent—whether the benchmark interest rate initially set by the Fed remains appropriate in the current environment.