2022, cryptocurrency world, 2023 proved to be a nightmare for big banks, with some of the biggest players falling. From the fall of Signature Bank to Silicon Valley Bank and also to Silvergate, the impact has had repercussions across the market.
Koinfinans.com As we have reported, the impact of the decrease in crypto money prices and the decrease in stock prices on the macro market is remarkable. In the current scenario, where Treasuries are rising and two-year yields are at their lowest, investors are waiting for policymakers to stop interest rate hikes. Fed swaps also show that the odds of another quarter-point increase are less than one in two.
JUST IN: 🇺🇸 FED swaps now show that the most likely scenario is no more interest rate hikes.
— Watcher.Guru (@WatcherGuru) March 13, 2023
NEWS CONTINUES BELOW
Is The Worst On The Market Coming?
Two-year Treasury note yields, which are most sensitive to policy changes, fell 60 basis points to below 3.99%, the biggest drop since October. This too FEDAnother indication that the odds of raising interest rates in March are low.
Goldman Sachs economists no longer see any reason for the Federal Reserve to raise interest rates at next week’s meeting, given the “recent stress” in the financial sector. In a recent note, he stated that they do not expect the Fed to raise rates in March.