MARKETS
With the Federal Reserve chair’s speech at the Fed’s conference in Wyoming on Friday Hedge funds are betting that the Federal Reserve will continue to discuss aggressive hikes. Market makers are looking for continued tough Fed stance on inflation.
Reiterating that Funds are investing in weekly market rally…
Funds have placed a large shorts across futures for a key overnight rate that moves in line with the Fed’s benchmark. The position has tripled in the past month!
