Bond markets are bouncing back after a notable shift in sentiment. Federal Reserve Governor Christopher Waller—currently in the spotlight as a potential successor to lead the central bank—doubled down on his accommodative stance regarding US interest rates. His comments on keeping rates in check sparked a relief rally across treasury positions. For crypto traders and macro investors, this matters more than it seems. Lower interest rate expectations typically unlock capital flows into riskier asset classes, including digital assets. When traditional debt markets signal dovish policy shifts, it often precedes broader market movements across equities and alternative investments. Waller's positioning has drawn attention precisely because his views could influence the Fed's direction if leadership changes occur. Market participants are reading between the lines—dovish commentary tends to ease financing conditions, supporting valuations across higher-yielding opportunities.