Treasury yields are screaming.
US 10Y just hit 5.34% intraday — highest since 2002. UK 30Y crossed 6%. French 10Y pushing 5%.
Bond market is pricing in something the equity bulls aren't ready to hear yet.
When sovereign debt starts getting repriced like this, risk assets don't stay immune for long. Crypto included.
Not saying the sky is falling. But ignoring macro when yields move like this is how you get caught offside.
US 10Y just hit 5.34% intraday — highest since 2002. UK 30Y crossed 6%. French 10Y pushing 5%.
Bond market is pricing in something the equity bulls aren't ready to hear yet.
When sovereign debt starts getting repriced like this, risk assets don't stay immune for long. Crypto included.
Not saying the sky is falling. But ignoring macro when yields move like this is how you get caught offside.
