#US10YearTreasuryYieldNears5% - And this is HUGE.
10Y hit 4.974% Friday - highest since Oct 2023. 30Y already at 5.35%.
Why it matters for us in crypto/stocks:
• 5% = bonds now compete with stocks
• Higher mortgages, loans, corporate debt
• Fed rate hike odds now 90% for next week
• $40T US debt just got more expensive to hold
If it breaks 5% Monday, watch risk assets bleed.
Are you buying bonds or buying the dip?
10Y hit 4.974% Friday - highest since Oct 2023. 30Y already at 5.35%.
Why it matters for us in crypto/stocks:
• 5% = bonds now compete with stocks
• Higher mortgages, loans, corporate debt
• Fed rate hike odds now 90% for next week
• $40T US debt just got more expensive to hold
If it breaks 5% Monday, watch risk assets bleed.
Are you buying bonds or buying the dip?