WTI Crude Collapses To $30 Handle As Rate-Hike Odds Tumble
- WTI Crude Collapses To $30 Handle As Rate-Hike Odds Tumble
by Tyler Durden, www.zerohedge.com
With rate hike odds for March plunging from over 55% a week ago to just 38% now, it appears faith in The Fed has utterly failed. WTI traded down to $30.97 – the lowest ssince Dec 2003.
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WTI punched lower to a $30 handle for the first time since December 2003.. (chart top of post)
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