Bond traders bet on further Fed rate cuts next year - market re-evaluates due to AI's impact on employment

🤖 AI Summary

Traders in the US futures and options markets are increasing bets that the Federal Reserve will halt rate hikes and move towards further rate cuts next year. Discussions about the impact of AI on the labor market are prompting a reassessment of market judgment.

📊 Comment: Rate cut expectations persist, with AI acting as a variable.