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Two big banks expect to the Fed to surprise markets by raising rates even though traders aren't pricing it in
Tuesday, September 20, 2016 8:38
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Two of the Fed’s 23 preferred bond-trading partners — Barclays Plc and BNP Paribas SA — are betting against their peers and the bond market by forecasting officials will raise rates Wednesday. It’s the first time more than one dealer has gone against the consensus during the week of a policy meeting since last September, data compiled by Bloomberg show. Economists at both banks say traders have too steeply discounted officials’ intent to hike after the Fed has remained on hold for longer than expected …. http://www.bloomberg.com
Source: http://luismmx.blogspot.com/2016/09/two-big-banks-expect-to-fed-to-surprise.html
