Market Prices Two Fed Rate Hikes This Year as Treasury Yields Rise to 4.5%, Says Tom Lee

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According to BlockBeats, on June 25, Tom Lee, chairman of Ethereum's largest treasury BitMine, stated that markets are repricing the macro environment following Kevin Warsh's recent press conference. The 10-year U.S. Treasury yield has risen to approximately 4.5%, above pre-conflict levels of 4.2%, becoming the primary headwind after oil prices retreated. Federal funds futures now price in nearly two rate hikes this year, with Bank of America forecasting three hikes in September, October, and December.
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