The market will likely fully price in a 25 bp rate hike in December tonight. It’s possible they’ll use this wave of extreme sentiment to drive another sell-off.
Based on interest rate predictions, the probability of a 25 bp hike in December is currently 99.1%, while the probability of a 50 bp hike is 0.
Based on interest rate predictions, the probability of a 25 bp hike in December is currently 99.1%, while the probability of a 50 bp hike is 0.
