CoinVoice recently learned that according to Cailianshe, bond traders are increasing their bets that the Federal Reserve will cut interest rates by 50 basis points in September, rather than betting on the standard 25 basis point rate cut in September. This is fully reflected in the federal funds futures market.

Weaker-than-expected inflation data released on Thursday sparked a buying frenzy in October, and the momentum continued on Friday. The contract expiring on October 31 has fully priced in a 25 basis point rate cut by policymakers at the September 18 meeting. Any buying at higher price levels means that more people are expecting that the Fed may start its first easing cycle in years with a "big hand". [Original link]