U.S. rates futures turn flat after first-quarter GDP, durables data

At 8:59 a.m. (1259 GMT), federal funds futures implied traders saw about an 88 percent chance the Federal Reserve would raise interest rates by a quarter point to 1.00-1.25 percent at its June 13-14 meeting , compared with a 83 percent probability before the release of the latest GDP and durable goods data, according to CME Group's FedWatch program.