$ETH US Treasury bond interest surges—don’t be in a hurry!
The yield on 10-year US Treasuries has climbed to above 5.1%, the highest level since 2007. The US PMI came in better than expected, suggesting inflation hasn’t fully settled down yet. The market is pricing in a roughly 70% chance of a rate hike in October, and there may still be a possibility of hikes in December.
In the past, when US Treasury yields rose, it was often driven by oil prices. But things are different now. Even if oil prices don’t keep spiking, as long as the US economy stays strong, the Fed will still dare to tighten further.
When US Treasury yields rise, the returns from simply holding Treasuries increase too—so money can move out of risk assets like stocks and crypto. US stocks have already fallen, and the pressure may continue to spread.
So don’t just stare at the candlestick chart—US Treasury yields and rate-hike expectations are the main storyline. With a generally tight macro backdrop, don’t blindly go long. Control your position size and wait patiently for opportunities.
If you don’t know what direction to take, come to Jucai Zhuang to find me—Brother Kuang will help you earn profits!#Circle在Solana增发5亿枚USDC
The yield on 10-year US Treasuries has climbed to above 5.1%, the highest level since 2007. The US PMI came in better than expected, suggesting inflation hasn’t fully settled down yet. The market is pricing in a roughly 70% chance of a rate hike in October, and there may still be a possibility of hikes in December.
In the past, when US Treasury yields rose, it was often driven by oil prices. But things are different now. Even if oil prices don’t keep spiking, as long as the US economy stays strong, the Fed will still dare to tighten further.
When US Treasury yields rise, the returns from simply holding Treasuries increase too—so money can move out of risk assets like stocks and crypto. US stocks have already fallen, and the pressure may continue to spread.
So don’t just stare at the candlestick chart—US Treasury yields and rate-hike expectations are the main storyline. With a generally tight macro backdrop, don’t blindly go long. Control your position size and wait patiently for opportunities.
If you don’t know what direction to take, come to Jucai Zhuang to find me—Brother Kuang will help you earn profits!#Circle在Solana增发5亿枚USDC
