Following the Fed’s decision last week to leave the fund rate unchanged (5.25% - 5.5%), the 10-year Treasury yield has cooled down to slightly above 4.6%. At this point “no news is good news” for monetary policy, and there’s even a chance that we will not see further rate hikes past this point.
Bitcoin Lifts Off as U.S. Economy Cools Down!
Bitcoin Lifts Off as U.S. Economy Cools Down!
Bitcoin Lifts Off as U.S. Economy Cools Down!
Following the Fed’s decision last week to leave the fund rate unchanged (5.25% - 5.5%), the 10-year Treasury yield has cooled down to slightly above 4.6%. At this point “no news is good news” for monetary policy, and there’s even a chance that we will not see further rate hikes past this point.