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Prediction markets price October Fed hike near 55 percent while futures sit near 22 percent, TradingNews reports
- Prediction markets price October Fed hike near 55 percent while futures sit near 22 percent, TradingNews reports — TradingNews reports a gap after the September CPI release, with fed funds futures implying about a 22 percent chance of an October hike while one prediction market venue repriced the chance to 55 percent from 21 percent and another showed 44 percent. Bitcoin traded near 81,776 dollars in the same report as yields moved higher. (TradingNews)
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