🚨 US BOND YIELDS RISE STRONGLY AGAIN
The 10-year Treasury yield just touched 5.058%, the highest level since July 2007. The 30-year yield also climbed to around 5.35%.
In the housing market, 30-year mortgage rates continue to stay above 7%, driving up borrowing costs for households.
Personal viewpoint:
What stands out is that America’s long-term yields are remaining at elevated levels, indicating that capital cost pressure has not yet eased.
The 2007 benchmark is a noteworthy comparison, but it does not mean that today’s market will certainly repeat the 2008 crisis.
For crypto, US yields are still an important variable. If they keep rising, inflows into risk assets may face additional pressure.
👇 HOT COINS TRADING HERE 👇
$SAGA
$MET
$ALLO
The 10-year Treasury yield just touched 5.058%, the highest level since July 2007. The 30-year yield also climbed to around 5.35%.
In the housing market, 30-year mortgage rates continue to stay above 7%, driving up borrowing costs for households.
Personal viewpoint:
What stands out is that America’s long-term yields are remaining at elevated levels, indicating that capital cost pressure has not yet eased.
The 2007 benchmark is a noteworthy comparison, but it does not mean that today’s market will certainly repeat the 2008 crisis.
For crypto, US yields are still an important variable. If they keep rising, inflows into risk assets may face additional pressure.
👇 HOT COINS TRADING HERE 👇
$SAGA
$MET
$ALLO
