🚨 U.S. BONDS HEATING UP AGAIN — MARKETS BUZZY
U.S. 10-year Treasury yields rose above 5% in September, reaching the highest level since 2007, while 30-year yields are also hovering around 5.35%. Pressure is coming from inflation, energy prices, and concerns about America’s fiscal deficit.
The rally in yields is weighing on risk assets. BTC briefly pulled back to the 84K area, while gold and U.S. equities also saw choppy trading.
According to Kobeissi, heightened tension in Iran and the energy crisis are making the inflation problem harder, and in the long run, the budget deficit and large debt stock remain issues to watch.
Personal viewpoint:
What’s noteworthy right now isn’t just BTC dropping, but the fact that the U.S. yield backdrop is becoming a major variable across the whole market.
If yields keep staying elevated, the cost of capital will rise and inflows into risk assets may face pressure. Conversely, if energy prices cool and yields start to fall, the pressure on BTC and equities could ease as well.
For crypto, I will especially track the U.S. 10Y + oil prices + BTC in the coming sessions.
👇 HOT COIN TRADES HERE 👇
$MUBARAK
$KERNEL
$NIL
U.S. 10-year Treasury yields rose above 5% in September, reaching the highest level since 2007, while 30-year yields are also hovering around 5.35%. Pressure is coming from inflation, energy prices, and concerns about America’s fiscal deficit.
The rally in yields is weighing on risk assets. BTC briefly pulled back to the 84K area, while gold and U.S. equities also saw choppy trading.
According to Kobeissi, heightened tension in Iran and the energy crisis are making the inflation problem harder, and in the long run, the budget deficit and large debt stock remain issues to watch.
Personal viewpoint:
What’s noteworthy right now isn’t just BTC dropping, but the fact that the U.S. yield backdrop is becoming a major variable across the whole market.
If yields keep staying elevated, the cost of capital will rise and inflows into risk assets may face pressure. Conversely, if energy prices cool and yields start to fall, the pressure on BTC and equities could ease as well.
For crypto, I will especially track the U.S. 10Y + oil prices + BTC in the coming sessions.
👇 HOT COIN TRADES HERE 👇
$MUBARAK
$KERNEL
$NIL
