CME's struggles in 1 chart - rates open interest (their biggest market) is highly correlated with the yield curve and rate hikes in general. As the Fed cut, CME's market shrank:
$CMEpic.twitter.com/6Q4JBRPiQh
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CME's struggles in 1 chart - rates open interest (their biggest market) is highly correlated with the yield curve and rate hikes in general. As the Fed cut, CME's market shrank:
$CMEpic.twitter.com/6Q4JBRPiQh
