Large eurodollar futures contract trade signals year-end funding pressure - NewsBreak
By Gesard in Business
Updated 3 years ago
NEW YORK/LONDON, Aug 20 (Reuters) - What appears to be a large bet placed this week in the eurodollar futures market that tracks short-term funding rate expectations over several years is signaling potential excessive year-end demand for U.S. dollars from banks and corporations. The volume for eurodollar futures contracts expiring...