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Money Heister
Everyone expected a rate hike to hurt risk assets.
But the opposite happened.
US stocks had their best day in six weeks, while the 10-year Treasury yield fell to 4.93%.
That tells us something:
Markets don’t only react to the rate decision.
They react to what the decision says about future inflation and Fed credibility.
For BTC, watch inflation expectations and long-term yields—not just the headline rate.
Is the market starting to trust the Fed again?
