Fed Holds Rates as Rising Bond Yields Squeeze Risk Assets

The Federal Reserve has decided to keep interest rates unchanged at 3.50%, 3.75%, maintaining its hawkish stance on inflation.

This decision comes as U.S. Treasury yields continue to climb, with the 10-year yield reaching 4.7% and the 30-year yield rising above 5.2%

The increase in bond yields is putting pressure on risk assets such as Bitcoin, making it a more challenging environment for investors.