Negative U.S. Interest Rates? Options Traders Say Yes

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Negative U.S. Interest Rates? Options Traders Say Yes
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Derivatives traders are betting on something once considered inconceivable: zero or negative interest rates in the U.S.

They are scooping up options that would pay out if interest rates fell below zero. The number of bullish contracts outstanding on Eurodollar futures that pay out if interest rates hit zero or fall below has increased to about 1.

2 million, according to CME Group data through September.
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