Jim Bianco: Macro Outlook, The 4th Turning and Bitcoin Adoption
Bitcoin Magazine Jim Bianco: Macro Outlook, The 4th Turning and Bitcoin Adoption The Fed just hiked for the first time in more than three years, and Jim Bianco of Bianco Research says the bond market had been signaling this was necessary for two years. This post Jim Bianco: Macro Outlook, The 4th T
Source: Bitcoin Magazine
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DW NOTE
The Fed hiked in September 2026 after cutting for two years while the ten-year yield climbed from 3.7% to 5% — the first time in fifty years bond investors priced in more inflation while the central bank eased. Bianco is right: that's not a policy signal, that's a credibility collapse.