“We’re making good progress. The job is not done” said Powell on inflation, causing rates to shoot back upwards towards 4.1% on the U.S. 10-yr (from 3.9% days prior).
Another area where we’re making good progress but the job is not done? The CoinDesk 20, as we move upwards towards retesting the 1800 level and form a bullish pennant.
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- Source: https://www.coindesk.com/markets/2024/02/07/vibe-check-coiling-the-spring-coindesk-indices-todd-groth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines