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BlockBeats News, March 7th, according to Onchain Lens monitoring, a whale that had been dormant for a year suddenly woke up and decided to stake 8,208 ETH (worth $16.85 million) with Kiln Finance. The whale had accumulated these ETH over the past four years at a total cost of $16.09 million and is currently only $768,000 in profit.

(1) U.S. Treasury yields fell on Friday amid choppy trading, as the market struggled to weigh a weak employment report against persistent inflation concerns. Non-farm payrolls in February unexpectedly decreased by 92,000, far below expectations, boosting speculation that the Federal Reserve may need to accelerate rate cuts. However, soaring oil prices driven by Middle East conflicts continued to intensify inflation fears. (2) The benchmark 10-year Treasury yield fell 2.7 basis points to 4.119%, after previously reaching a three-week high of 4.187%. The two-year Treasury yield plunged 6.1 basis points to 3.538%. Despite the daily decline, yields surged sharply this week, with both the 10-year and two-year yields rising about 16 basis points, poised for the largest weekly gain since early April. (3) Thomas Urano, co-chief investment officer at Sage Advisory, highlighted the market's dilemma: "This is an unusual combination. On the surface, the macro environment seems relatively healthy, but the labor market is very weak, while inflationary pressures are rising. The U.S. Treasury market is currently confused, wavering between two major risks—whether to be more wary of inflation risks driven by crude oil, or to focus more on the weak labor market that could drag down economic growth." (4) Inflation expectation indicators continued to rise. The five-year U.S. Treasury inflation-protected securities breakeven yield rose to 2.608%, the highest level in nearly a year; the 10-year breakeven yield was 2.327%, indicating that the market expects an average annual inflation rate of about 2.3% over the next 10 years. (5) In terms of interest rate expectations, after the employment report was released, the probability of the Federal Reserve cutting rates by at least 25 basis points at the June meeting rose to 48.2%, up from about 30% earlier this week. The possibility of action at the March or April meetings has been basically ruled out. The dual pressure of weak employment and inflation risks presents Federal Reserve officials with a difficult policy choice.

According to Odaily, the Robinhood Ventures Fund I, an exchange-traded fund launched by Robinhood, made its debut on the New York Stock Exchange this week. However, it closed its first day at $21, down 16%. The fund aims to provide retail investors with access to investment opportunities in popular private companies, with a fundraising target of $1 billion, but has only raised $658.4 million so far (which could reach $705.7 million if underwriters exercise their full allotment). The fund's holdings include companies such as Databricks, Stripe, Mercor, Oura, Ramp, Airwallex, and Revolut, but it lacks exposure to highly anticipated, high-valuation companies expected to go public soon (such as OpenAI, Anthropic, and SpaceX), which is considered a main reason for the lack of retail investor interest. Robinhood stated that it plans to expand the fund in the future to include 15-20 high-quality late-stage growth companies and is actively seeking to add equity in popular startups such as OpenAI. (TechCrunch)