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Jerome Powell Contradicts Fed's Own Statement, Chaos Ensues - Fedwatch 118

Bitcoin Magazine Podcast

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Will the Fed Continue to Raise Rates?

The 10 year is a leading indicator and if these other bonds start to lower their yield or the market starts pricing their yields lower than you know, it's exactly what you say. So this is obviously indicating that there's something wrong. There is a possibility that the 10 year does reverse and continue higher. But my theory has always been that the interest rates will force the Fed to pivot. If they continue to raise rates while the 10 year, the 30 year, even the five year, those start coming down and going lower than the Fed funds range, their mythology is going to blow up in their face very quickly.

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