10 year yields continue to push upwards as the market is now forecasting less rate cuts this year from the Fed. They are in a bind as job openings INCREASED to 8.1 million, services managers index INCREASED to 54.1 and cost of services INCREASED to 64.4. So yes economy is growing, inflation is persisting and it’s hard to cut rates when inflation is sticky and will rise if they cut too quickly with asset appreciation. What a conundrum for Jay Pow! All we know is that fiscal dominance is not slowing down, they will spend more than tax receipts and #bitcoin fixes this