The Next Phase of Stablecoin Competition Begins As Coinbase Invests In Circle
The Breakdown
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Bond Market Movements and Chinese Interest Rates
This chapter explores the recent movements in the bond market and their relevance to the Federal Reserve's policy strategy. It highlights the upcoming speech by Fed Chair Jerome Powell and its potential impact on bond traders. The chapter also provides insights into the Chinese economic situation, focusing on the policymakers' dilemma in balancing borrowing and financial stability.
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Transcript
