Market Stability Concerns
The Fed remains cautious about intervening in the bond market, with the current administration's policies creating a tense atmosphere. A recent bond auction's poor performance has sparked fears of instability, reminiscent of the rapid downfall of a UK leader following a similar market reaction. As the bond market reacts negatively, the potential for significant shifts in economic policy looms large.In this clip
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Bankless
Mike Novogratz: Bitcoin’s Escape Velocity, Bond Market Crisis, Crypto x AI, & the Genius Act
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