WS #13897
Holding: newest synthesis is 86d 18h old
July CPI due Wednesday; market prices ~50% chance of September hike; CTA bond shorts at record levels create asymmetric risk if inflation cools.
Pre-CPI positioning and Fed rate hike odds
July CPI due Wednesday; market prices ~50% chance of September hike; CTA bond shorts at record levels create asymmetric risk if inflation cools.