#US30YearYieldHighestSince2004
🚨 The U.S. Treasury bond yield for 30 years hits the highest level since 2004
Long-term U.S. bond yields jumped to 5.44%, the highest level in 22 years, as a massive global sell-off in bonds is driven by “sticky” inflation, higher crude oil prices, and concerns about financial debt.
Key points:
* Liquidity tightening: higher yields increase borrowing costs worldwide and weigh heavily on risk assets, including cryptocurrencies and tech.
* Economic drivers: strong U.S. PMI data, along with ongoing pressure on costs, are pushing interest-rate hike expectations higher.
Will this economic tightening create a buying opportunity, or is there more downside ahead? 👇
Please follow up
#BinanceSquare
$ETC
$LTC
$PLUME
#write2earn🌐 🌐💹
#DYORAlways
🚨 The U.S. Treasury bond yield for 30 years hits the highest level since 2004
Long-term U.S. bond yields jumped to 5.44%, the highest level in 22 years, as a massive global sell-off in bonds is driven by “sticky” inflation, higher crude oil prices, and concerns about financial debt.
Key points:
* Liquidity tightening: higher yields increase borrowing costs worldwide and weigh heavily on risk assets, including cryptocurrencies and tech.
* Economic drivers: strong U.S. PMI data, along with ongoing pressure on costs, are pushing interest-rate hike expectations higher.
Will this economic tightening create a buying opportunity, or is there more downside ahead? 👇
Please follow up
#BinanceSquare
$ETC
$LTC
$PLUME
#write2earn🌐 🌐💹
#DYORAlways
