Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall

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MARKET WRAP: Markets see red as inflation data underwhelms. Risk assets decline across the board. GWilliamsJr_CMT and _jocelynyang_ report

Ten-year Treasury yield daily close: 3.42%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atThere’s little confusion around what occurred in crypto and traditional markets Tuesday. The 8.

Investor expectations for a 75 basis point increase have remained consistently high and are likely to continue at that level until the FOMC meets Sept. 21, even if the possibility of a 100 basis point hike was floated Tuesday.

 

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