The Cointime roundup says that multiple Federal Reserve officials signaled a hawkish stance, Brent crude rose above USD 100, TSMC plans to raise prices, and gold and cryptocurrencies retreated.
A fixed-income strategist at Federated Hermes said U.S. Treasury yields are being influenced by economic, inflation, and fiscal factors, and that the path of future declines remains uncertain.
According to Bloomberg, the U.S. government is considering supporting the overseas use of dollar stablecoins through public-private partnerships to reinforce the dollar’s reserve-currency status and increase demand for U.S. Treasuries.