The concern of inflation not being slayed can be shown in the U.S. yields, which have only soared since the Federal Reserve started the rate-cutting cycle with a 50bps rate cut, followed by a further 25bps rate cut. Since the first rate cut on Sep. 16, the U.S. 10Y has jumped from 3.6% to 4.4%. With the U.S. 3-month treasury yield trading at 4.6%, which follows the effective federal funds rate, it’s suggesting that no more than 25bps of rate cuts will occur over the next three months, as the current target rate is 450 – 475.
Related posts
-
Dogecoin Price To $20? Higher Montly Close Suggests 8,000% Run Is Possible
Este artículo también está disponible en español. The Dogecoin price is starting to reverse some of... -
Will Trump Make Bitcoin America’s Reserve Currency? Polymarket Bettors Say Maybe
Donald Trump’s potential move to establish a national bitcoin... -
Reinvent Ethererum, and Just Don’t Break Bitcoin
Loyal readers of The Protocol will recall that we launched this newsletter on April 26, 2023,...