With a weak jobs report behind, and a Fed Open Market Committee meeting to come Tuesday,...

|By:, SA News Editor

With a weak jobs report behind, and a Fed Open Market Committee meeting to come Tuesday, fed-funds futures traders lower their bets for a rate hike: Odds for an increase to 0.5% at the June 2011 meeting are priced at a 20% chance, down from 32% just before the NFP report and 76% as recently as last week.