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Futures contracts put chances of increase next month at 78 percent.
As more investors begin to think interest rates will rise this year, yield is rising on short-dated Treasury notes.
British pound is at its highest level of the year, as opinion poll suggests 52 percent of voters chose not to 'Brexit.'
Why currency markets are so tough to predict right now, even for professional currency traders.
The chance that Britain may exit the EU is affecting not just the pound, but the Swiss franc and the euro as well.
Do dramatic changes in swap spreads indicate bigger problems brewing under the surface of the economy that market analysts have yet to recognize?