【U.S. Treasury yields hit a 24-year high, while crypto markets keep getting good news】
Macro markets blew up today: the 10-year Treasury yield surged to 5.34%, and the 30-year to 5.70%, with both setting records not seen since 2002. The ISM Services Prices Index came in at 74.0, and markets have priced in a 25-basis-point rate hike before December. By the old playbook, soaring real yields should send $BTC tumbling.
But structural changes are underway:
📌 The SEC cleared 3x leveraged Bitcoin and Ethereum funds, adding more derivatives tools
📌 The $INJ staking ETF (INJC) is about to launch in the U.S., keeping the door open for more altcoin ETFs
📌 $ONDO is turning pre-IPO AI companies into tokenized notes, taking 24/7 RWA trading a step further
📌 Binance Futures launched perpetual contracts for TradFi names like McDonald’s, accelerating the convergence of stocks and crypto
The Bridgewater founder also warned that Chinese and Japanese investors may stop buying U.S. Treasuries, potentially pushing the U.S. into a debt crisis within three years.
The most expensive Treasuries in history versus on-chain assets with ever-lower barriers to entry—this standoff is the real story of Q4. High rates are crushing valuations, while tokenization and ETFs are vying for pricing power. Which side are you betting on? Let’s talk in the comments.
NFA | DYOR
#比特币 #加密货币 #美债收益率 #RWA #BTC
Macro markets blew up today: the 10-year Treasury yield surged to 5.34%, and the 30-year to 5.70%, with both setting records not seen since 2002. The ISM Services Prices Index came in at 74.0, and markets have priced in a 25-basis-point rate hike before December. By the old playbook, soaring real yields should send $BTC tumbling.
But structural changes are underway:
📌 The SEC cleared 3x leveraged Bitcoin and Ethereum funds, adding more derivatives tools
📌 The $INJ staking ETF (INJC) is about to launch in the U.S., keeping the door open for more altcoin ETFs
📌 $ONDO is turning pre-IPO AI companies into tokenized notes, taking 24/7 RWA trading a step further
📌 Binance Futures launched perpetual contracts for TradFi names like McDonald’s, accelerating the convergence of stocks and crypto
The Bridgewater founder also warned that Chinese and Japanese investors may stop buying U.S. Treasuries, potentially pushing the U.S. into a debt crisis within three years.
The most expensive Treasuries in history versus on-chain assets with ever-lower barriers to entry—this standoff is the real story of Q4. High rates are crushing valuations, while tokenization and ETFs are vying for pricing power. Which side are you betting on? Let’s talk in the comments.
NFA | DYOR
#比特币 #加密货币 #美债收益率 #RWA #BTC