Arthur Hayes says it’s ‘game over’ for the Fed. Here is why Powell doesn’t care

Arthur Hayes asserts that the Federal Reserve is facing significant challenges, noting the concurrent decline in stock prices and rise in 10-year Treasury yields. This situation indicates a financial collapse as markets react to economic conditions.

Hayes warns that if bond auctions are cancelled, it would essentially resemble covert money printing. Traders predict that the Fed may cut interest rates starting in May, despite concerns that foreign investors might dump U.S. Treasuries, exacerbating economic pressures.