Markets Price In Central Bank Panic As Credit Suisse Risk Soars
- See also:
–
“The Market Is Being Brutal”: Futures Crash As Banks Crisis Slams Europe, Credit Suisse Craters
– - Markets Price In Central Bank Panic As Credit Suisse Risk Soars
by Tyler Durden, https://www.zerohedge.com/
Update (0800ET): Aside from global derisking, anxiety over Credit Suisse has sparked a huge dovish response in Fed expectations with the odds of a 50bps hike next week at The ECB tumbling…
–
The entire curve expectations for ECB action has collapsed with the market now pricing in only 75bps of hikes by year-end… And even more notably, Fed hike expectations have plunged with next week only a coin-toss between 0 and 25bps, and Sept pricing in 60bps of cuts…
–
read more.
end