Interest Rate and Monetary Policy - The market is closely watching the 4% level in rates [1] - The Fed is expected to cut rates once or twice this year, with October being largely priced in [7] - Further rate cuts could lead to a terminal Fed funds rate below the Fed's long-run neutral rate, indicating a very accommodative policy [7] Economic Concerns - A government shutdown of the current length is concerning and could impact the economy [4] - The impact of the shutdown on GDP is estimated to be between 0.1% to 0.2% per week [5] Market Dynamics and Investor Behavior - Investors are seeking safe haven assets like treasuries due to concerns about the broader macroeconomic backdrop [3] - There is over 7 trillion in money market fund instruments, indicating a large amount of cash on the sidelines [8] - Investors are allocating to bonds and global equities, with gold being one of many avenues for investment [9] - Money market fund AUMs have been increasing even as equities reach all-time highs, contrary to expectations of money flowing from money markets to equities after the Fed stops hiking rates [11][12]

Before @Spiko_finance integrated CCIP, its money market funds were deployed on multiple networks, but users couldn’t move shares between chains.The only workaround was to redeem on one chain and resubscribe on another.Now, with the integration of CCIP, Spiko enables its users to transfer shares across CCIP-enabled chains with a single click. ...

Strategy's new variable rate preferred $STRC has a 9% initial yield, and is targeting money market funds.A $7.05 trillion market, about 25% of all US Treasuries, yielding just ~4.25%.Bitcoin is about to swallow the fixed income market. https://t.co/oulrRugBYVDylan LeClair (@DylanLeClair_):Money market funds is a big market… ...