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18:32
WTI July crude oil futures closed at $93.89 per barrel
NYMEX June natural gas futures settled at $2.8940 per million British thermal units. NYMEX June gasoline futures settled at $3.2205 per gallon, and NYMEX June heating oil futures settled at $3.7146 per gallon.
18:32
A large buyer of cheap SOFR options emerges, aiming to hedge against the Fed's rate hike premium
The core objective of this position is to target the currently priced-in reduction of the US Federal Reserve's tightening (interest rate hikes) by the end of this year. (Bloomberg)
18:03
On Tuesday, May 26, the scale of the Federal Reserve's overnight reverse repurchase agreement (RRP) reached $1.787 billion, with six counterparties participating in the transaction, compared to $965 million on the previous trading day.
As a routine tool used by the Federal Reserve to regulate market liquidity, changes in the scale of overnight reverse repurchase agreements often directly reflect short-term market supply and demand for funds. The significant increase in scale compared to the previous trading day also indicates that there is currently a growing demand in the market for low-risk short-term investment targets.
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