Muneeb Bhutto

#us10yeartreasuryyieldhitshighestsincenov2023 BREAKING: US 10-Year Treasury Yield Surges to 4.768% (Highest Since Jan 2025). 🚨 The benchmark US 10-Year yield just printed 4.768%-up a massive +87 basis points since the onset of the US-Iran geopolitical escalation, when yields bottomed near 3.9%. Here is the exact macro transmission mechanism driving this move: 1. The Energy-Inflation Spiral: Rising oil prices driven by Middle Eastern conflict and the Hormuz transit blockade have re-ignited sticky inflation fears, effectively killing the "rate-cut" consensus. 2. Hawkish Fed Repricing: The bond market is actively pricing in higher Fed rate-hike odds. Yields are surging before any official rate decision, forcing financial conditions to tighten mechanically. 3. Real Economy & Equity Drag: Housing Freeze: Mortgage rates track the 10-Year yield closely. This spike pushes home borrowing costs back into restrictive territory, freezing housing mobility. Multiple Compression: A 4.77% risk-free rate acts as heavy gravity on tech valuations. You cannot sustain peak equity multiples when risk-free debt offers a guaranteed 4.8%.$DOS $TUT $CRDO