Fed Chair Warsh avoids rate-hike hints

Federal Reserve Chair Kevin Warsh avoided hinting at further interest-rate hikes during a discussion with IMF Managing Director Kristalina Georgieva on Friday. Consequently, traders lowered the odds of a 25-basis-point increase in October to 15%. Bitcoin price steadied around $82,000 as South Korean tech stocks recovered 2% from a sell-off, while the 10-year US Treasury yield climbed back to 5.13%.