Trader Behind Huge Fed Funds Wager Bags $14 Million in First Day
A trader is pocketing big profits for breaking with the pack and placing a sizable bet that the Federal Reserve won’t increase the size of its interest-rate hikes.The wager quickly turned profitable as expectations were dialed back heading into Friday’s close of trading.
Source: bnnbloomberg.caPublished on 2022-07-18
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