Wall Street's largest banks: Winning bets against super-sized Fed hike

Two of Wall Street’s largest banks, Goldman Sachs Group, Inc. and Citigroup Inc., are recommending bets against a super-sized rate hike from the US Federal Reserve (Fed) in March. 

Speculation that the Fed would kick off its hiking cycle with its first half-percentage-point rate increase since 2000 surged on Friday after the Labor Department reported that payrolls expanded at a surprisingly fast pace in January. 

Swaps markets by late Friday gave roughly 50 percent odds to such a move, though they have since eased back to around 32 per cent. 

Analysts from both Goldman and Citigroup said they see