Bitcoin’s Fed cut trade flips as bond market turns into the risk

Bloomberg reported on May 22 that bond traders are fully pricing in a Fed interest rate hike by year-end, with interest rate swaps implying the Fed's benchmark rate at least 25 basis points higher by the end of 2026. The same day, Fed Governor Christopher Waller said the Fed should remove its easing bias and […] The post Bitcoin’s Fed cut trade flips as bond market turns into the risk appeared first on CryptoSlate.