Treasury yields and CPI data fuel market jitters before Fed’s next move

How will inflation, strong jobs data, and rising Treasury yields shape the Fed’s upcoming rate decision? The Federal Reserve’s Jan. 29 meeting looms large as markets eagerly await clarity on interest rate policy. With a 97.3% probability that rates will remain steady at 4.25%-4.5%, according to market forecasts, and just a slim 2.7% chance of […]
Bitcoin’s Trump trade dented by rising yields and strong US dollar
Bitcoin’s ability to hold $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Source link