{"id":16098,"date":"2025-03-04T14:47:04","date_gmt":"2025-03-04T14:47:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16098"},"modified":"2025-03-04T14:47:04","modified_gmt":"2025-03-04T14:47:04","slug":"crumbling-markets-have-sent-treasury-yields-plunging-offering-hope-for-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16098","title":{"rendered":"Crumbling Markets Have Sent Treasury Yields Plunging, Offering Hope for Crypto"},"content":{"rendered":"<div>\n<p>As if the bursting of a speculative bubble in memecoins wasn&#8217;t enough to send crypto markets tumbling over the past weeks, a general risk off sentiment in traditional finance is adding to the pressure.<\/p>\n<p>Perhaps in a bit of a speculative bubble themselves, the major U.S. stock market averages have been in quick retreat of late, triggered by a series of tariff threats from President Trump. Threats no more, 25% levies against goods from Mexico and Canada went into effect today, among additional taxes on Chinese goods.<\/p>\n<p>Falling another 2.6% yesterday and down in early action Tuesday, the Nasdaq today now sits below the level it was at prior to Trump winning the election in November.<\/p>\n<h5>Bad news brings lower rates<\/h5>\n<p>&#8220;We&#8217;re set on bringing interest rates down,&#8221; Treasury Secretary Scott Bessent stated <a href=\"https:\/\/x.com\/DeItaone\/status\/1896901207178043485\" target=\"_blank\">in an interview<\/a> with Fox News Tuesday morning.<\/p>\n<p>Indeed, the 10-year Treasury yield currently stands at 4.13% versus 4.80% just prior to the Trump inauguration six weeks ago.<\/p>\n<p>At the short end of the curve, markets are dramatically repricing expectations for Fed rate cuts in 2025. The odds of at least one rate cut by the Fed&#8217;s May meeting have risen to 47% versus just 26% one week ago, according to the <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\">CME FedWatch Tool<\/a>. The chances of two or more rate cuts by the June meeting have jumped to 36% from 15% one week ago.<\/p>\n<p><a href=\"https:\/\/www.coindesk.com\/daybook-us\/2025\/03\/04\/crypto-daybook-americas-carnage-in-btc-and-altcoins-may-be-a-warning-sign-for-equities\" target=\"_blank\">Crypto Daybook Americas<\/a> alluded to potential rate cuts that could help lift depressed crypto prices, though the economy remains far from a return to quantitative easing.<\/p>\n<p>While lower rates might seem like an easy fix, the challenge lies in balancing inflation, which currently stands at 3% year-over-year after four consecutive months of increases. The last time headline inflation was at or below the Fed\u2019s 2% target was back in February 2021.<\/p>\n<p>The Federal Reserve must navigate a delicate balance \u2014 easing rates to help keep the economy out of recession without pushing inflation even higher.<\/p>\n<p>\nDisclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to <a href=\"https:\/\/www.coindesk.com\/ethics\" target=\"_blank\">our standards<\/a>. For more information, see <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\" target=\"_blank\">CoinDesk\u2019s full AI Policy<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As if the bursting of a speculative bubble in memecoins wasn&#8217;t enough to send crypto markets tumbling over the past weeks, a general risk off sentiment in traditional finance is adding to the pressure. Perhaps in a bit of a speculative bubble themselves, the major U.S. stock market averages have been in quick retreat of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16098","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16098"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16098\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}