$TEM rose 4.077% over the past 24 hours to 65.09. Meanwhile, the 10-year U.S. Treasury yield climbed to 4.79%, while the federal funds rate was kept at 3.75%. Rising interest rates typically weigh on equity valuations; here, the divergence in price suggests near-term funds are in a tug-of-war. With the funding rate at zero and leverage at a moderate level, there is no extreme crowding on either the long or short side.
The strongest counterargument is that weaker inflation data could pull rate expectations lower, thereby boosting $TEM . But my view is that yields will continue to rise, putting pressure on risk assets.
Trading tag: #TradFi #链上美股 #TEM
Where do you think this assessment is most likely to be wrong?
The strongest counterargument is that weaker inflation data could pull rate expectations lower, thereby boosting $TEM . But my view is that yields will continue to rise, putting pressure on risk assets.
Trading tag: #TradFi #链上美股 #TEM
Where do you think this assessment is most likely to be wrong?