Kaplan: Markets Are Pricing a 'Warsh Premium' Into US Bond Yields
- —The Fed raised rates by 25 bps to 3.75–4% on Sept. 16, the first hike since 2023
- —The 10-year Treasury yield is around 5.25%, the highest since 2007
- —Kaplan tied higher yields to the 'Warsh premium' and diesel risks from the Iran war
- —Kaplan said he would skip an October hike and weigh a move in December
Why it matters: Rising Treasury yields typically weigh on risk assets including Bitcoin, while a stronger dollar amplifies the pressure.
Source: BeInCrypto PL