- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Powell Pivot: Rate Cut Expectations Plummet, U.S. Treasuries Sold Off, Yields Surge
BlockBeats News, March 19th, Federal Reserve Chairman Powell's latest "hawkish" rhetoric dealt a heavy blow to the market's expectations. After staying put for the second time in a row, Powell clearly stated that the Fed will not cut interest rates until it sees a significant drop in inflation, directly shattering market fantasies. As a result, U.S. Treasuries faced sell-offs:
The 2-year Treasury yield rose to around 3.78%, hitting a 7-month high;
The 10-year yield rose to 4.27%.
Interest rate market expectations quickly cooled, with the probability of one rate cut this year now close to a "50-50" chance, and even discussions about another rate hike emerging.
Analysts believe that the Middle East conflict has driven up oil prices, exacerbating inflationary pressures and prompting the Fed to shift to a more cautious stance. Previous market bets on multiple rate cuts have been largely reversed, leading to significant bond market volatility.
You may also like
Whale Opens 20x Oil Short on Hyperliquid With 5.6M USDC at Risk
Key Takeaways A significant leveraged short position on crude oil has been initiated on Hyperliquid using 5.6 million…
Bitcoin: The Ultimate Hedge Against Chaos
Key Takeaways Michael Saylor, co-founder of Strategy, firmly believes Bitcoin is the ultimate hedge against macroeconomic chaos. Strategy…
“Set 10 Major Targets First,” Whale Reopens Long Positions in Bitcoin
Key Takeaways A prominent cryptocurrency whale known as @Jason60704294 has reopened a long position in Bitcoin. The whale…
Analysis: Despite Bitcoin’s Price Dip, Bullish Trends Persist
Key Takeaways Despite Bitcoin’s decline below $71,000, its bullish momentum remains strong, with significant buying activity from ETFs…
DeFi Protocol Neutrl Faces Potential Security Breach
Key Takeaways The DeFi protocol Neutrl has reported a suspected attack on its front-end interface, urging users to…
OpenClaw Developers Targeted by Sophisticated GitHub Phishing Campaign
Key Takeaways OpenClaw developers are being targeted by a phishing campaign using fake GitHub accounts. Attackers claim to…
User Loses $85,000 in sNUSD to Phishing Scam
Key Takeaways A user lost approximately $85,000 in sNUSD due to a phishing attack. The attack involved a…
Bitcoin Tumbles Below $71,000 Amid Global Market Volatility
Key Takeaways Bitcoin (BTC) recently experienced a sharp drop, falling below the $71,000 mark, a significant decline influenced…
Ethereum: A Closer Look at Recent Price Movements
Key Takeaways Ethereum’s price has recently fallen below $2200, showing a daily increase of 0.55%. Ethereum (ETH) operates…
Pudgy Penguins’ Game Sparks Security Warning Amid Growing Phishing Scams
Key Takeaways A phishing campaign is targeting the Pudgy Penguins’ newly-launched game, Pudgy World, to steal cryptocurrency wallet…
The Cryptocurrency Market Downturn: An In-Depth Look
Key Takeaways The cryptocurrency market is experiencing a downturn driven by geopolitical tensions and surging oil prices. Bitcoin…
Ethereum Whale Activity: Major Accumulation Detected
Key Takeaways A significant whale activity has been detected, involving the purchase of 10,811.34 ETH over two weeks.…
Cryptocurrency Market Update: Major Developments and Insights
Key Takeaways Sky co-founder Rune Christensen has leveraged strategic moves to short the S&P 500 and invest in…
Whale Trading Strategies: Insights into Massive Crypto Moves
Key Takeaways A notable whale, @Jason60704294, made a profit of $7.093 million by closing a short position during…
BlackRock’s Significant Crypto Withdrawal from Coinbase
Key Takeaways In a surprising move, BlackRock has withdrawn 2,267 BTC and 5,041 ETH from Coinbase in the…
Ancient Whale’s Bitcoin Sale Spurs Market Movements
Key Takeaways An ancient cryptocurrency whale offloaded 1,000 BTC, valued at approximately $71.57 million, causing significant ripples in…
SEC Clarifies How Federal Securities Laws Apply to Crypto Assets
Key Takeaways: The SEC and CFTC jointly released a comprehensive guidance classifying crypto assets into five distinct categories.…
SEC Greenlights Nasdaq for Tokenized Securities Trading
Key Takeaways: SEC approval allows Nasdaq to initiate tokenized securities trading, integrating blockchain into U.S. equity markets. Tokenized…
Whale Opens 20x Oil Short on Hyperliquid With 5.6M USDC at Risk
Key Takeaways A significant leveraged short position on crude oil has been initiated on Hyperliquid using 5.6 million…
Bitcoin: The Ultimate Hedge Against Chaos
Key Takeaways Michael Saylor, co-founder of Strategy, firmly believes Bitcoin is the ultimate hedge against macroeconomic chaos. Strategy…
“Set 10 Major Targets First,” Whale Reopens Long Positions in Bitcoin
Key Takeaways A prominent cryptocurrency whale known as @Jason60704294 has reopened a long position in Bitcoin. The whale…
Analysis: Despite Bitcoin’s Price Dip, Bullish Trends Persist
Key Takeaways Despite Bitcoin’s decline below $71,000, its bullish momentum remains strong, with significant buying activity from ETFs…
DeFi Protocol Neutrl Faces Potential Security Breach
Key Takeaways The DeFi protocol Neutrl has reported a suspected attack on its front-end interface, urging users to…
OpenClaw Developers Targeted by Sophisticated GitHub Phishing Campaign
Key Takeaways OpenClaw developers are being targeted by a phishing campaign using fake GitHub accounts. Attackers claim to…
App