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TBNG_OKX
#PCEAndPayrollsWeek
Markets are about to find out whether higher rates are actually doing their job 👀
PCE tests inflation. Payrolls test demand. But I'm watching Treasury yields.
If both reports stay firm and yields climb further, financial conditions tighten without the Fed even touching rates again. That's the hidden pressure.
For BTC, gold and stocks, the next policy move may matter less than what the bond market does first.
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