FAP, May 26 (FAP)-A few weeks ago, Barclays and Goldman Sachs strategists advised clients to open positions that would profit from the loss of confidence in the market to cut interest rates. On Thursday, May 25, Barclays closed such positions and exited at a profit, while Goldman's similar positions were also profitable. On May 4, Barclays advised clients to short federal funds futures for August 2023, when the market reflected expectations of a 14 basis point rate cut in July. On Thursday, customers who sold 10, 000 contracts at the recommended level made a profit of more than $15 million when the same contract priced in a 25 basis point increase in interest rates.