WS #13899
July CPI due Wednesday expected at 3.4% YoY; market prices ~50% chance of September Fed hike; CTA bond shorts at record, creating asymmetric risk.
July CPI and Fed rate hike odds
July CPI due Wednesday expected at 3.4% YoY; market prices ~50% chance of September Fed hike; CTA bond shorts at record, creating asymmetric risk.