$SHOP current price 146.99, down 3.6% over the past 24 hours. The funding rate is zero; the position size is 740 units, with relatively thin liquidity. The pressure on the price reflects a re-evaluation of macro interest-rate expectations behind the move.
The U.S. Treasury yield curve shows the 30-year rate above 5.2%, and the 2-year rate also rising to 4.19%, with the Fed funds rate held at 3.75%. The stubborn rise in long-end yields is reshaping valuation models for all growth assets, with U.S. tech stocks the first to be hit. As a representative, SHOP’s drop is the most direct pricing reaction to the rise in the risk-free rate.
Trading tag: #TradFi #链上美股 #SHOP
Where do you think this set of assumptions is most likely to be wrong?
The U.S. Treasury yield curve shows the 30-year rate above 5.2%, and the 2-year rate also rising to 4.19%, with the Fed funds rate held at 3.75%. The stubborn rise in long-end yields is reshaping valuation models for all growth assets, with U.S. tech stocks the first to be hit. As a representative, SHOP’s drop is the most direct pricing reaction to the rise in the risk-free rate.
Trading tag: #TradFi #链上美股 #SHOP
Where do you think this set of assumptions is most likely to be wrong?