U.S. rates futures steady after U.S. claims data

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[November 03, 2016]  NEW YORK (Reuters) - U.S. short-term interest rates futures were little changed on Thursday following data showing weekly domestic jobless claims hit a near three-month high and a stronger-than-expected increase in worker productivity in the third quarter.

 

Federal funds futures implied traders saw about a 67 percent chance the Federal Reserve would raise its target range on interest rates by a quarter point to 0.50-0.75 percent at its Dec. 13-14 meeting, flat from Wednesday's close, according to Reuters data. <FFZ6> <FEDWATCH>

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

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