CME's Fed watch out with the latest rate hike expectations
Jun hike now a 66% chance vs 53% of a 0.25bps hike on Friday
Sep unchanged 82% vs 72% Friday
Dec hike50% vs 40% Friday
Bloomberg's own model on the rate probabilities via Fed Funds Futures jumped from Friday's 50.2% to 66.5% today.
I'm not sure whether this is all tied to the impending tax announcement from Trump.
