【债市交易员押注美联储明年将继续降息 AI对就业的影响促使市场重估】美国期货与期权市场的交易员正加码押注：美联储将在明年继续降息，而不是转向加息。密切追踪市场对美联储政策预期的与担保隔夜融资利率(SOFR)挂钩的期货价差正出现深度倒挂，显示交易员开始计入更持久的宽松周期。而就在不久前，交易...

Group 1 - The core viewpoint of the article is that traders in the U.S. futures and options market are increasingly betting that the Federal Reserve will continue to lower interest rates next year rather than shift to rate hikes [1] - There is a significant inversion in the futures prices linked to the Secured Overnight Financing Rate (SOFR), indicating that traders are pricing in a more prolonged easing cycle [1] - Recently, traders had anticipated two 25 basis point rate cuts by the Federal Reserve by the end of this year, followed by a return to rate hikes in 2027 [1] Group 2 - Discussions around the impact of artificial intelligence on the labor market are intensifying, prompting a reassessment of the previous interest rate expectations [1] - Federal Reserve Governor Cook warned that if AI applications lead to an increase in unemployment, the Federal Reserve may not be able to counteract this effect [1]