Bond and Treasury Yields Drop Amid Evolving Rate Hike Expectations
TL;DR
Recent soft U.S. economic data has increased the likelihood of Fed rate cuts, which could further boost Bitcoin prices, although Bitcoin has already surged significantly despite a hawkish Fed stance. The upcoming employment report is key to confirming this trend.
- Bitcoin Price (BTC) Might Rally Further on Improving Interest Rate Picture CoinDesk
- Treasuries Rally as Weak Data Reinforce Fed Wagers: Markets Wrap Bloomberg.com
- Treasury yields slide as ADP payrolls fall to lowest in more than two years CNBC
- Treasury Yields Tumble as Wagers on September Fed Rate Cut Grow Yahoo Finance
- Bond Yields Fall After Weak Data Spurs Hopes of Rate Cut WSJ
Want the full story? Read the original reporting
Read on CoinDesk