U.S. Treasury yields are rising, and that complicates the picture for the Fed.
Kevin Warsh sounds like a possible replacement as head of the central bank.
The market expects a firmer hand against inflation. But it’s not that simple.
High yields make credit more expensive and slow the economy just when more toughness is being called for.
That’s the knot: tightening without suffocating.
$BTC
Do you think the Fed can tighten without everything falling apart for it?
#Fed #TreasuryYields #BTC
Kevin Warsh sounds like a possible replacement as head of the central bank.
The market expects a firmer hand against inflation. But it’s not that simple.
High yields make credit more expensive and slow the economy just when more toughness is being called for.
That’s the knot: tightening without suffocating.
$BTC
Do you think the Fed can tighten without everything falling apart for it?
#Fed #TreasuryYields #BTC
