Jackson Hole starts today. A few words from the Fed can move bonds, the dollar and Bitcoin.
Bitcoin went back above $80,000 after its strongest August in years, helped by:
- renewed ETF inflows
- a weaker dollar
- Treasury bond buybacks
- a huge short squeeze
Now markets are waiting for Kevin Warsh.
He has suggested higher bond yields may already be doing some of the Fed’s tightening for it, while Treasury has stepped in with larger buybacks after long dated yields pushed towards two decade highs.
If Warsh sounds hawkish, yields and the dollar could push higher again.
If financial conditions keep easing, the second half of 2026 could get very interesting.
Full article:
https://www.reuters.com/business/anxious-investors-hope-clarity-warshs-fed-plan-jackson-hole-2026-08-26/
Bitcoin went back above $80,000 after its strongest August in years, helped by:
- renewed ETF inflows
- a weaker dollar
- Treasury bond buybacks
- a huge short squeeze
Now markets are waiting for Kevin Warsh.
He has suggested higher bond yields may already be doing some of the Fed’s tightening for it, while Treasury has stepped in with larger buybacks after long dated yields pushed towards two decade highs.
If Warsh sounds hawkish, yields and the dollar could push higher again.
If financial conditions keep easing, the second half of 2026 could get very interesting.
Full article:
https://www.reuters.com/business/anxious-investors-hope-clarity-warshs-fed-plan-jackson-hole-2026-08-26/
51❤️1🤷♂️1
