Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared_老虎社区_美港股上老虎

Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared

Bloomberg2021-11-30

Interest increases in call strikes over 100 in CME data Rate markets globally have been shaken by Omicron risk Rogue bets that Federal Reserve policy rates might actually drop below zero are once ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

HR88
·2021-11-30
Like and comment pls
回复
5
举报
收起
- Thengz:
  Ok
  2021-12-01
  回复
  举报
- Zhenghao:
  Samn
  2021-12-01
  回复
  举报
- Foreverhuat:
  Ok
  2021-11-30
  回复
  举报
stingray102
·2021-11-30
Ok
回复
2
举报
收起
- HR88:
  .
  2021-11-30
  回复
  举报
Anzygart
·2021-11-30
Too much uncertainty ahead
回复
3
举报
收起
- stingray102:
  ok
  2021-11-30
  回复
  举报
Boonseong
·2021-11-30
[财迷]
回复
2
举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1164176927?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-11-30 23:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164176927","market":"us","top_or_hot":-1,"title":"Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared","media":"Bloomberg","content":"<div>\n<p>Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp\">网页链接</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOdd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp","article_id":"1164176927","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164176927","pubTimestamp":1638284599,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Om","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"随着美联储加息押注减少，对负利率的奇怪押注回归","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.\nEurodollar contract open-interest data from CME Group Inc. show  a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.\nMoney markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and Treasury yields across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.\nThe bets on negative-rate hedging showed up in CME data released after Monday’s session, with open interest rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.\nThe move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday.  In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":609219564,"gmtCreate":1638285216272,"gmtModify":1638285216352,"author":{"id":"3549509156546809","authorId":"3549509156546809","name":"HR88","avatar":"https://static.tigerbbs.com/4eb8a4ecd0e10d3afb2c7b4d99e2eb6a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3549509156546809","authorIdStr":"3549509156546809"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/609219564","repostId":1164176927,"repostType":4,"repost":{"id":"1164176927","kind":"news","pubTimestamp":1638284599,"share":"https://www.laohu8.com/m/news/1164176927?lang=&edition=full","pubTime":"2021-11-30 23:03","market":"us","language":"en","title":"Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared","url":"https://stock-news.laohu8.com/highlight/detail?id=1164176927","media":"Bloomberg","summary":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Om","content":"<ul>\n <li>Interest increases in call strikes over 100 in CME data</li>\n <li>Rate markets globally have been shaken by Omicron risk</li>\n</ul>\n<p>Rogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.</p>\n<p>Eurodollar contract open-interest data from CME Group Inc. show &nbsp;a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.</p>\n<p>Money markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and&nbsp;Treasury yields&nbsp;across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.</p>\n<p>The bets on negative-rate hedging showed up in CME data released after Monday’s session, with&nbsp;open interest&nbsp;rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.</p>\n<p>The move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday. &nbsp;In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOdd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164176927","content_text":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.\nEurodollar contract open-interest data from CME Group Inc. show  a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.\nMoney markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and Treasury yields across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.\nThe bets on negative-rate hedging showed up in CME data released after Monday’s session, with open interest rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.\nThe move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday.  In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6790027,"gmtCreate":1638314270944,"gmtModify":1638314271033,"authorId":3579207760920564,"author":{"id":3579207760920564,"idStr":"3579207760920564","authorId":3579207760920564,"name":"Thengz","avatar":"https://static.tigerbbs.com/eb87a2ba614bf594d49c299bab92466e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":609219564,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6788298,"gmtCreate":1638292536964,"gmtModify":1638292536996,"authorId":3577189579318003,"author":{"id":3577189579318003,"idStr":"3577189579318003","authorId":3577189579318003,"name":"Zhenghao","avatar":"https://static.tigerbbs.com/9bc02f1c85fb8e61dbc393ac0ad551db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":609219564,"type":1,"supId":0,"prevId":0,"content":"Samn","text":"Samn","html":"Samn"},{"id":6787012,"gmtCreate":1638285418755,"gmtModify":1638285418845,"authorId":3580354890331124,"author":{"id":3580354890331124,"idStr":"3580354890331124","authorId":3580354890331124,"name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":609219564,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":609235892,"gmtCreate":1638285025147,"gmtModify":1638285025249,"author":{"id":"3559604919356928","authorId":"3559604919356928","name":"stingray102","avatar":"https://static.tigerbbs.com/547c93575fd0fd499d515ad2092a2e9d","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3559604919356928","authorIdStr":"3559604919356928"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609235892","repostId":1164176927,"repostType":4,"repost":{"id":"1164176927","kind":"news","pubTimestamp":1638284599,"share":"https://www.laohu8.com/m/news/1164176927?lang=&edition=full","pubTime":"2021-11-30 23:03","market":"us","language":"en","title":"Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared","url":"https://stock-news.laohu8.com/highlight/detail?id=1164176927","media":"Bloomberg","summary":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Om","content":"<ul>\n <li>Interest increases in call strikes over 100 in CME data</li>\n <li>Rate markets globally have been shaken by Omicron risk</li>\n</ul>\n<p>Rogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.</p>\n<p>Eurodollar contract open-interest data from CME Group Inc. show &nbsp;a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.</p>\n<p>Money markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and&nbsp;Treasury yields&nbsp;across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.</p>\n<p>The bets on negative-rate hedging showed up in CME data released after Monday’s session, with&nbsp;open interest&nbsp;rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.</p>\n<p>The move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday. &nbsp;In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOdd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164176927","content_text":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.\nEurodollar contract open-interest data from CME Group Inc. show  a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.\nMoney markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and Treasury yields across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.\nThe bets on negative-rate hedging showed up in CME data released after Monday’s session, with open interest rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.\nThe move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday.  In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6786959,"gmtCreate":1638285209254,"gmtModify":1638285209357,"authorId":3549509156546809,"author":{"id":3549509156546809,"idStr":"3549509156546809","authorId":3549509156546809,"name":"HR88","avatar":"https://static.tigerbbs.com/4eb8a4ecd0e10d3afb2c7b4d99e2eb6a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":609235892,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."}],"langContent":"CN"},{"id":609236662,"gmtCreate":1638284922046,"gmtModify":1638284922125,"author":{"id":"4087708380401170","authorId":"4087708380401170","name":"Anzygart","avatar":"https://static.tigerbbs.com/5255e6a87df642eff53b65456895ac13","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087708380401170","authorIdStr":"4087708380401170"},"htmlText":"Too much uncertainty ahead","listText":"Too much uncertainty ahead","text":"Too much uncertainty ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609236662","repostId":1164176927,"repostType":4,"repost":{"id":"1164176927","kind":"news","pubTimestamp":1638284599,"share":"https://www.laohu8.com/m/news/1164176927?lang=&edition=full","pubTime":"2021-11-30 23:03","market":"us","language":"en","title":"Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared","url":"https://stock-news.laohu8.com/highlight/detail?id=1164176927","media":"Bloomberg","summary":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Om","content":"<ul>\n <li>Interest increases in call strikes over 100 in CME data</li>\n <li>Rate markets globally have been shaken by Omicron risk</li>\n</ul>\n<p>Rogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.</p>\n<p>Eurodollar contract open-interest data from CME Group Inc. show &nbsp;a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.</p>\n<p>Money markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and&nbsp;Treasury yields&nbsp;across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.</p>\n<p>The bets on negative-rate hedging showed up in CME data released after Monday’s session, with&nbsp;open interest&nbsp;rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.</p>\n<p>The move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday. &nbsp;In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOdd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164176927","content_text":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.\nEurodollar contract open-interest data from CME Group Inc. show  a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.\nMoney markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and Treasury yields across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.\nThe bets on negative-rate hedging showed up in CME data released after Monday’s session, with open interest rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.\nThe move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday.  In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6786883,"gmtCreate":1638285029895,"gmtModify":1638285029926,"authorId":3559604919356928,"author":{"id":3559604919356928,"idStr":"3559604919356928","authorId":3559604919356928,"name":"stingray102","avatar":"https://static.tigerbbs.com/547c93575fd0fd499d515ad2092a2e9d","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":609236662,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":609236897,"gmtCreate":1638284921876,"gmtModify":1638284921984,"author":{"id":"3585729801280242","authorId":"3585729801280242","name":"Boonseong","avatar":"https://static.tigerbbs.com/246facebf009ccbd87b47e3e304c37ef","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585729801280242","authorIdStr":"3585729801280242"},"htmlText":"[财迷]&nbsp;","listText":"[财迷]&nbsp;","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609236897","repostId":1164176927,"repostType":4,"repost":{"id":"1164176927","kind":"news","pubTimestamp":1638284599,"share":"https://www.laohu8.com/m/news/1164176927?lang=&edition=full","pubTime":"2021-11-30 23:03","market":"us","language":"en","title":"Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared","url":"https://stock-news.laohu8.com/highlight/detail?id=1164176927","media":"Bloomberg","summary":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Om","content":"<ul>\n <li>Interest increases in call strikes over 100 in CME data</li>\n <li>Rate markets globally have been shaken by Omicron risk</li>\n</ul>\n<p>Rogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.</p>\n<p>Eurodollar contract open-interest data from CME Group Inc. show &nbsp;a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.</p>\n<p>Money markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and&nbsp;Treasury yields&nbsp;across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.</p>\n<p>The bets on negative-rate hedging showed up in CME data released after Monday’s session, with&nbsp;open interest&nbsp;rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.</p>\n<p>The move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday. &nbsp;In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Odd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOdd Wagers on Negative Rates Return as Fed-Hike Bets Are Pared\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-30/odd-wagers-on-negative-rates-return-as-fed-hike-bets-are-pared?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164176927","content_text":"Interest increases in call strikes over 100 in CME data\nRate markets globally have been shaken by Omicron risk\n\nRogue bets that Federal Reserve policy rates might actually drop below zero are once again being made as the onset of the omicron variant of the coronavirus casts doubt on the economic outlook.\nEurodollar contract open-interest data from CME Group Inc. show  a couple of new trades on what remains an unlikely scenario -- a negative fed funds target by September 2022 -- although the market’s base case remains around two quarter-point benchmark hikes next year. But the re-emergence of this kind of hedging underscores the risk to the central bank’s tightening path.\nMoney markets have dialed back their expectations for Fed hikes, which before the emergence of the latest major coronavirus variant had risen to include as many as three quarter-point increases for 2022. The move in central-bank bets has been mirrored across global markets, and Treasury yields across the curve have dropped as investors flock to safer assets. The bond rally took a brief breather on Monday, but was once again in full flight on Tuesday.\nThe bets on negative-rate hedging showed up in CME data released after Monday’s session, with open interest rising in several September 2022 eurodollar options with call strikes above 100 -- which equates to a negative yield. That reflects flows on Monday which, according to traders familiar with the matter, saw some 20,000 contracts bought across the two call strikes.\nThe move came ahead of congressional testimony by Fed chief Jerome Powell, who appears before lawmakers Tuesday.  In writtenremarksMonday, he said the omicron variant poses risks to both sides of the central bank’s mandate to achieve stable prices and maximum employment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":43,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}