CME
$307.32-3.39 (-1.09%)
CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide.
Recent News
Bond Yields Extend Surge, Traders See Chance of Rate Hikes This Year
Could the Federal Reserve actually need to raise interest rates later this year? Rates traders are now considering that possibility, assigning a nearly 30% chance of at least one rate hike by October on Friday, up from just 6% a day earlier, according to CME Group data. Government bonds extended their selloff on Friday, with the yield on the 10-year Treasury recently hitting 4.39%, according to Tradeweb, up from 4.281% a day earlier.
Treasuries Extend Slump as Likelihood of Fed Rate Cuts Fades
Rate traders are now pricing in a higher chance of a Fed rate hike this year than they are a rate cut.
Shorter-Term Treasury Yields Extend Gains
Shorter-term Treasury yields are still climbing, lifted by investors' worries that the Iran war is boosting inflation and lowering the chances of interest-rate cuts any time soon. The yield on the 2-year Treasury, which often rises and falls with investors' expectations for rates set by the Federal Reserve, recently traded 3.
NDAQ Outperforms Industry, Trades at a Discount: How to Play the Stock
Nasdaq is set to grow on its increasing non-trading revenue base, organic expansion and strategic acquisitions, supported by a solid capital position.
ICE Stock Trading at a Discount to Industry at 20.03X: Time to Hold?
Intercontinental Exchange rides on the growth of data services, the strength of its mortgage network and strategic buyouts, although higher expenses may weigh on margins.