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U.S. rates futures hit session lows after data
December 5, 2016 / 3:37 PM / 10 months ago

U.S. rates futures hit session lows after data

One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013. REUTERS/Lee Jae-Won

NEW YORK (Reuters) - U.S. short-term interest rates futures fell to session lows on Monday as domestic services activity and labor market conditions data for November signaled a strengthening U.S. economy in late 2007, stoking bets for further rate increases by the Federal Reserve.

Federal funds futures for 2017 and 2018 were down 1.5 basis points to 4.5 basis points from late on Friday.

Reporting by Richard Leong

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