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Market Impact: 0.35

Traders Load Up on Hedges for Shallower Fed Rate-Hike Cycle

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsDerivatives & VolatilityFutures & OptionsInvestor Sentiment & Positioning

Options traders are buying protection against the risk that the Federal Reserve delivers fewer interest-rate increases than markets currently price in. The positioning signals caution around a potential repricing of the expected Fed policy path, which could affect rates, currencies and risk assets.

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mildly negative

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