U.S. rates futures hold gains after Fed Fischer's remarks

U.S. rates futures hold gains after Fed Fischer's remarks

Brendan McDermid

Federal funds futures implied traders saw a 53 percent chance for the Fed to next hike interest rates at its June 13-14 policy meeting following its quarter-point increase in March. They suggested traders priced in a 38 percent probability for another rate hike at its Dec. 12-13 meeting , according to CME Group's FedWatch program.

(Reporting by Richard Leong)

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