$BTC US 10-year Treasury yield surges to 4.818%!
Hits a new high since November 2023.
Long-end rates break through the pressure zone again!
High oil prices and concerns about debt move in together.
Crypto gets hit hard again by macro factors!
The U.S. 10-year Treasury yield climbed to a peak of about 4.818% intraday, the highest level since November 2023; the 30-year yield also briefly hovered above around 5.30%. High oil prices, inflation stickiness, and U.S. fiscal and debt pressures jointly push long-end yields back higher.
However, afterward, Fed officials signaled a more dovish tone, and the 10-year yield has already pulled back from the highs to around 4.74%—4.76%. For BTC, whether 4.8% can become a key near-term top is crucial—only if yields continue easing will tech stocks and Crypto truly get the momentum from improving financial conditions.
#美国10年期国债收益率创2023年11月新高
4.818% has already hammered directly into the market’s pain points; next, we’ll see whether it’s also a near-term top for long-end yields.
As long as Treasuries keep falling, the upside volatility that was held back earlier for BTC is likely to be released again!
Click the card below and go straight in!👇$ETH $SOL 👍
Hits a new high since November 2023.
Long-end rates break through the pressure zone again!
High oil prices and concerns about debt move in together.
Crypto gets hit hard again by macro factors!
The U.S. 10-year Treasury yield climbed to a peak of about 4.818% intraday, the highest level since November 2023; the 30-year yield also briefly hovered above around 5.30%. High oil prices, inflation stickiness, and U.S. fiscal and debt pressures jointly push long-end yields back higher.
However, afterward, Fed officials signaled a more dovish tone, and the 10-year yield has already pulled back from the highs to around 4.74%—4.76%. For BTC, whether 4.8% can become a key near-term top is crucial—only if yields continue easing will tech stocks and Crypto truly get the momentum from improving financial conditions.
#美国10年期国债收益率创2023年11月新高
4.818% has already hammered directly into the market’s pain points; next, we’ll see whether it’s also a near-term top for long-end yields.
As long as Treasuries keep falling, the upside volatility that was held back earlier for BTC is likely to be released again!
Click the card below and go straight in!👇$ETH $SOL 👍
