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Record Fed Funds Trade in Futures Points to Short Cover

(Bloomberg) A single block trade in the fed funds futures market, struck as the dust settled following Thursday’s December inflation reading, was the biggest size ever seen of its kind.Most Read from BloombergCiti to Cut 20,000 Roles in Fraser’s Bid to Boost ReturnsLarge Backers of Private Equity Are Asking For Their Money BackBlackRock Buys Infrastructure Firm GIP for $12.5 Billion in Major Alternatives PushIran Wins With US Airstrikes on Houthis in YemenGoogle Lays Off Hundreds in Hardware,

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