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US Bond Futures Surge to Drive Wagers on a July Fed Rate Hike

US Bond Futures Surge to Drive Wagers on a July Fed Rate Hike
Bloomberg Markets Thursday 18 June 2026, 18:40 UTC By Edward Bolingbroke 1 min read
Key Points

US Bond Futures Surge to Drive Wagers on a July Fed Rate Hike The Treasury market saw a record surge in futures trading that underpins bets that the Federal Reserve’s next move will be to boost interest rates. A record number of contracts — more than 500,000 — changed hands as bond traders flocked to wagers that the US central bank will hike rates at its next meeting in July, according to the latest Chicago Mercantile Exchange data released on Thursday. The activity, roughly four times the...

US Bond Futures Surge to Drive Wagers on a July Fed Rate Hike The Treasury market saw a record surge in futures trading that underpins bets that the Federal Reserve’s next move will be to boost interest rates. A record number of contracts — more than 500,000 — changed hands as bond traders flocked to wagers that the US central bank will hike rates at its next meeting in July, according to the latest Chicago Mercantile Exchange data released on Thursday. The activity, roughly four times the 20-day average, followed Kevin Warsh’s debut as Fed chair.
US Bond Futures Surge (ORG) Treasury (ORG) the Federal Reserve’s (ORG) US (LOCATION) Chicago Mercantile Exchange (ORG) Kevin Warsh’s (PERSON) Fed (ORG)
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