MM104: Silicon Valley Bank (SVB) contagion fears spark a global banking sell-off
Market Maker
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Federal Funds Rate Futures
The probability of a 50 hike at the March meeting went from a 30% chance to a 70% chance off the back of his columns. Federal funds rate futures now have actually leveled off. It's 50-50 price now. I don't think speculating because the question would be, what do you think? 2550. And the data will tell me 25 or 50, basically. The big argument is that the one kind of last bit of hope, if you're wedged in massively long stocks and you've taken a big hit in the last month, as we've pivoted on our rate height expectations,. then your last ray of hope is the argument that the January jobs data was
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