Update: FOMC Speculators Bet on 6 Rate Hikes By June, Expect a Summer Crash?

Update: It was bad data on the site. It's been corrected. Market is pricing higher rates through July of next year.

Original post 3/14/22 5:45 PM: FOMC speculators bet on 6 hikes by June, but then cuts by September? Maybe something messed up in the data, I assume yes. If correct though, that is a hike every month from March to June, plus two 50bps hikes in the mix. And then smoething causes rate cuts by September.

The 3-month Treasury yield hasn't priced in a 50bps hike this month.