Tom Lee: The rise in US bond yields is the main headwind in the market, and the market is pricing the Fed's two rate hikes this year
Tom Lee, chairman of BitMine, said at the webinar that the rising yield of US bonds is the main headwind in the current market, and the yield of 10-year treasury bond bonds has risen from 4.2% to 4.5%. Federal funds futures data shows that the market is pricing the Federal Reserve to raise interest rates twice this year.