Traders pile into Fed-linked futures amid short-term government funding fears

Traders are rushing into futures tied to the Fed’s overnight benchmark rate as fears grow that short-term funding could dry up before the quarter ends. On Wednesday in New York, nearly 500,000 fed funds futures contracts for September were traded, breaking a record set in April 2023 when Trump’s tariff news hit markets. The surge […] source: https://www.cryptopolitan.com/traders-pile-into-fed-linked-futures/