FED Holds Rates as Rising Bond Yields Pressure Crypto

The post FED Holds Rates as Rising Bond Yields Pressure Crypto appeared first on Coinpedia Fintech News

Federal Reserve kept interest rates unchanged at 3.50%–3.75% while maintaining a hawkish stance on inflation. U.S. Treasury yields climbed, with the 10-year yield reaching 4.7% and the 30-year yield rising above 5.2%, reflecting investor concerns over inflation and government debt. Higher bond yields and a stronger U.S. dollar could tighten financial conditions, creating a more …