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The swap market held steady, with nearly 100 basis point rate cuts expected from the Federal Reserve before year-end.

The swap market held steady, with nearly 100 basis point rate cuts expected from the Federal Reserve before year-end.

Bitget2024/08/23 14:06

Traders increased their bets on a Fed rate cut after Fed Chairman Jerome Powell's speech. The swap market remained steady, with nearly 100 basis points of Fed rate cuts expected before year-end.

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