What Crypto Traders Need to Watch This Week
Amid growing anticipations that the U.S. Federal Reserve will announce another interest rate decrease later in the month, this week’s economic prints will give investors an up-to-date read on U.S. labor data, as well as an up-close look at how the Fed is navigating the shifting dynamics of U.S. economics.
10-Year Note Auctions on Wednesday
The U.S. 10-Year Treasury Note auction on Wednesday will be a key moment for bond markets, especially as investors recalibrate expectations around interest rate cuts. Yields have been volatile in recent weeks, driven by a quick wave of risk-off sentiment at the end of September.
If demand for the auction comes in strong, particularly from foreign buyers, it could signal confidence in the…
