More Adjustments To Fed Rate Cut Bets

The market has been trading with some caution as the new week gets going. US equity futures are off a bit and the US Dollar is broadly bid.

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The market has been trading with some caution as the new week gets going. US equity futures are off a bit and the US Dollar is broadly bid. As far as US rate expectations go, the OIS market is now pricing a cumulative 82 basis points of rate cuts in 2024.

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