Position Wash-Outs in Few Manic Minutes Spurred Fed Hike Pricing

Aggressive price action early Thursday across the cash and futures markets covering US rates, and the subsequent bounce-back across many assets showed footprints of position flush-outs exacerbating the price action over a manic few minutes around 8:30am New York time.

• Position Wash-Outs in Few Manic Minutes Spurred Fed Hike Pricing
  Bloomberg

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