U.S. federal funds futures extended gains; the Dec 2027 contract rose 9 bps as markets trimmed expectations for the peak fed funds rate.

美國總統特朗普：由於油價如此之高，我們國家現在賺的錢比以往任何時候都多。

Hirtle & Co.'s CIO said September CPI shows core prices have continued rising over the past six months, which on the margin supports a Fed rate hike in October. He added the overall risk balance matters more — with growth strong the FOMC can place greater weight on fighting inflation. He expects Wash understands recent heavy selling of long-dated USTs partly reflects doubts about the Fed's anti-inflation credibility, and therefore may judge a rate hike could help stabilize long-term Treasury yields.