Bitcoin Bulls Hear ‘Fed–Treasury Accord’ And Smell Yield-Curve Control
Kevin Warsh’s push for a brand new Fed–Treasury “accord” is reigniting a well-known market argument: whether or not Washington is drifting towards a softer-rate, higher-liquidity regime that tends to favor exhausting property, together with bitcoin and crypto, even when it raises the stakes for bonds. The debate flared after Bloomberg reported that Kevin Warsh floated…
