Fed Faces Growing Pressure to Raise Interest Rates, Options Market Shows

(Bloomberg) -- In the options market where the
savviest investors take apart conventional wisdom, the Federal
Reserve is facing growing pressure to consider raising interest
rates as soon as December.

Options on Federal Fund futures at the Chicago Board of
Trade indicate a 41 percent chance the central bank will lift
its target rate for overnight loans between banks to 5.5 percent
from the current 5.25 percent, according to data compiled by
Bloomberg. A month ago, they showed no expectations for an
increase.


Read more at Bloomberg Bonds News