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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