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A pre-jobs data bet may have have netted trader $10 million profit, report says

A pre-jobs data bet may have have netted trader $10 million profit, report says

by admin | Feb 3, 2023 | Stocks

A big fed-funds futures bet placed just before the release of what turned out to be a blowout U.S. January jobs report may have netted a trader a profit north of $10 million, Bloomberg reported Friday. The trader sold the January 2024 fed-funds futures contract FFF24,...

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