The Traderszone Network

Published in TZ Latest News 24 August, 2017 by The TZ Newswire Staff

Someone Just Placed A Massive Bet That Yellen Will Surprise Investors Tomorrow

Yesterday afternoon ar around 1450ET, someone placed a huge 10,750 contract bet on the eurodollar strip – hoping that Janet Yellen will flip-flop back to her hawkish side and reignite expectations for a faster pace of interest-rate increases when she speaks tomorrow in Jackson Hole.

The notional size of this trade is almost $11 billion… The last time such a huge bet was placed was into the US election in November…

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