U.S. short-term interest rate futures surged after the release of the non-farm payroll data, as the market reduced its bets on a Federal Reserve rate hike. The market has already fully priced in a December rate hike, previously expected in October.

2026-07-02

U.S. short-term interest rate futures surged after the release of the non-farm payroll data, as the market reduced its bets on a Federal Reserve rate hike. The market has already fully priced in a December rate hike, previously expected in October.