GBTC discount narrows during SEC hearing, yield curve inversion deepens; 60% probability for 50bps hike

Quick Take Result of Powell Speaking The US 10-year minus 02 years has reached -100 bps inversion. The forward growth outlook is a full percentage point lower than the expected policy rate. Levels of policy error not achieved since February 1980. Inversion points to a recession, but a larger…#meetingprobabilities #gbtc #grayscale #nav #btc #cryptoslate

Source: Reuters: Health - March 7, 2023 Category: Consumer Health News Source Type: news