US 10Y yield just touched 5.31% — highest since May 2002. Real yields now at 2.95%, up a full point since January.
Since Sept 22:
• Silver -7.2%
• Gold -4.3%
• $BTC -0.8%
• Nasdaq +1.3% (new ATH)
Risk-off assets getting crushed while equities rip. Liquidity tightening but tech's still holding. Watch for rotation if yields keep climbing — $BTC holding better than metals but macro pressure building.
Since Sept 22:
• Silver -7.2%
• Gold -4.3%
• $BTC -0.8%
• Nasdaq +1.3% (new ATH)
Risk-off assets getting crushed while equities rip. Liquidity tightening but tech's still holding. Watch for rotation if yields keep climbing — $BTC holding better than metals but macro pressure building.