$龙虾 $BTC $TRUMP The real main theme in the market may not be whether inflation will come down, but how Washington strikes a balance between stabilizing Treasury financing, supporting the AI capital expenditure cycle, and avoiding an overly tight financial conditions squeeze.
The rise in the 10-year Treasury yield to 4.70% and the 30-year yield to near 5.23% reflects not only inflation stickiness, but also fiscal supply pressure, insufficient demand for long-duration bonds, and the simultaneous rise in funding needs driven by AI infrastructure investment. If the Treasury further leans toward issuing shorter-term debt, it is essentially shifting duration risk away from the market for the time being; if liquidity conditions improve marginally as a result, the effect would be close to an "invisible QE."
This is also the underlying logic behind the continued attention on gold and Bitcoin: the former is priced on monetary credit and real interest rate pressure, while the latter is more sensitive to liquidity expectations. Gold has risen by about 90% cumulatively from 2024 to 2026, and BTC's recent strength is no accident. If policy focus shifts next toward stabilizing markets and expanding liquidity, the narrative for risk assets could keep heating up—but high inflation, fiscal constraints, and interest rate volatility will still make this rally extremely turbulent.#日元跌破160创一个月新低 #纽约白银期货跌3% #嘉信理财拟新增SOLAVAXLINK交易
🔥⭐️🐶👇
The rise in the 10-year Treasury yield to 4.70% and the 30-year yield to near 5.23% reflects not only inflation stickiness, but also fiscal supply pressure, insufficient demand for long-duration bonds, and the simultaneous rise in funding needs driven by AI infrastructure investment. If the Treasury further leans toward issuing shorter-term debt, it is essentially shifting duration risk away from the market for the time being; if liquidity conditions improve marginally as a result, the effect would be close to an "invisible QE."
This is also the underlying logic behind the continued attention on gold and Bitcoin: the former is priced on monetary credit and real interest rate pressure, while the latter is more sensitive to liquidity expectations. Gold has risen by about 90% cumulatively from 2024 to 2026, and BTC's recent strength is no accident. If policy focus shifts next toward stabilizing markets and expanding liquidity, the narrative for risk assets could keep heating up—but high inflation, fiscal constraints, and interest rate volatility will still make this rally extremely turbulent.#日元跌破160创一个月新低 #纽约白银期货跌3% #嘉信理财拟新增SOLAVAXLINK交易
🔥⭐️🐶👇