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Aggressive Bet on US Yield Stirs Market
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A trader's aggressive bet on the US 10-year yield sparked significant market attention, impacting interest-rate expectations and equity markets. The probability of a first Fed rate cut in March fell from 90% to 72%, with further speculation to 60%.
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How does this aggressive bet reflect broader trends in interest rate expectations and their implications for the economy?
How might the trader's aggressive bet on the US 10-year yield impact the broader financial markets and investor sentiment?
What factors are influencing the mixed consensus and forecasts for the upcoming US employment report?
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