BofA: A Fed rate hike in October could support risk assets
- —Hartnett: a Fed hike could stabilize long-dated Treasury yields
- —US 10-year yield hit 5.36%; 30-year reached highest since 2002
- —Money funds drew $166.4B in a week versus just $12.4B into equities
Why it matters: Rates and Treasury yields remain the key driver for bitcoin and risk assets, with the Fed's tone set to shape market direction in coming weeks.
Source: PANews