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FFV4 & X4 Blocked

FED FUNDS FUTURES

Recent Fed funds futures blocks:

  • 08:44:15 London/03:44:15 NY: FFV4 2.5K lots blocked at 94.920, looks like a buyer.
  • 08:51:03 London/03:51:03 NY: FFX4 2.5K lots blocked at 95.030, looks like a buyer.
  • Both contracts sit a little off yesterday’s highs after rallying post-CPI.
  • 25bp of cuts are currently priced through the Sep FOMC, with ~61bp showing through the Dec meeting.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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