Hawkish Fed Repricing Punishes Non-Yielders: Gold and Bitcoin Slide as Dollar Surges to 2026 High

Last week's hawkish Fed repricing, not a flight from risk, drove yields and the Dollar higher and hit non-yielding gold and Bitcoin, while equities rose and volatility fell. Markets have now priced far more tightening than any Fed official has endorsed, so the 5% test in the two-year yield and whether the Fed validates that path are the next questions. The post Hawkish Fed Repricing Punishes Non-Yielders: Gold and Bitcoin Slide as Dollar Surges to 2026 High appeared first on ActionForex.