Stock, bond, and crypto prices aren’t really responding, however, as the White House has been busy prepping markets for some ugly jobs figures this we
Stock, bond, and crypto prices aren’t really responding, however, as the White House has been busy prepping markets for some ugly jobs figures this week. One bad report caused by a spike in Covid-19 cases doesn’t seem enough to push the Fed off of its plan to begin hiking the Fed Funds rate in March. The S&P 500 and Nasdaq remain modestly in the green. The 10-year Treasury yield is down one basis point at 1.79%. Bitcoin has dipped a bit since the print, now off 2% to $37.7K, with ether lower by 3% to $2,680.
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