【U.S. Treasury yields hit a 24-year high, yet AI stocks are surging? What exactly is the market trading? 🔥】
🚀 美元美债变化进群聊
Something rather unusual has been happening in the U.S. Treasury market lately:
The yield on 10-year U.S. Treasuries briefly climbed to around 5.34%, its highest level in 24 years, while the 30-year yield came close to 5.7%.
In theory, interest rates this high should put significant pressure on stocks, especially tech stocks.
But instead—
The Nasdaq hit a record high, while AI-related stocks such as Nvidia, Tesla, Microsoft, and Meta continued to rise.
Why?
Simply put, the market now believes that “growth driven by AI” can temporarily offset the pressure from high interest rates.
Nvidia in particular has a market capitalization nearing $6 trillion, and investment in AI infrastructure remains very strong.
But there’s one key question:
How long can this divergence between “rising stocks and falling Treasuries” last?
Because when Treasury yields stay above 5% for an extended period, the cost of capital keeps rising. If yields continue to climb, they could eventually compress stock valuations and further weigh on risk assets.
The same goes for BTC.
You can’t simply assume that “if Treasury yields rise, BTC must fall.” What really matters is whether yields will continue rising rapidly, and whether volatility in the bond market will increase further.
📌 So the real tension in the market right now is:
Growth expectations driven by AI are strong, but high interest rates and elevated bond yields are also applying constant pressure.
Going forward, keep an eye on Treasury yields, the performance of AI tech stocks, and whether BTC can withstand this round of tightening financial conditions.
#美联储10月维持利率概率升至82.3% #美债10年期收益率创19年新高
🚀 美元美债变化进群聊
Something rather unusual has been happening in the U.S. Treasury market lately:
The yield on 10-year U.S. Treasuries briefly climbed to around 5.34%, its highest level in 24 years, while the 30-year yield came close to 5.7%.
In theory, interest rates this high should put significant pressure on stocks, especially tech stocks.
But instead—
The Nasdaq hit a record high, while AI-related stocks such as Nvidia, Tesla, Microsoft, and Meta continued to rise.
Why?
Simply put, the market now believes that “growth driven by AI” can temporarily offset the pressure from high interest rates.
Nvidia in particular has a market capitalization nearing $6 trillion, and investment in AI infrastructure remains very strong.
But there’s one key question:
How long can this divergence between “rising stocks and falling Treasuries” last?
Because when Treasury yields stay above 5% for an extended period, the cost of capital keeps rising. If yields continue to climb, they could eventually compress stock valuations and further weigh on risk assets.
The same goes for BTC.
You can’t simply assume that “if Treasury yields rise, BTC must fall.” What really matters is whether yields will continue rising rapidly, and whether volatility in the bond market will increase further.
📌 So the real tension in the market right now is:
Growth expectations driven by AI are strong, but high interest rates and elevated bond yields are also applying constant pressure.
Going forward, keep an eye on Treasury yields, the performance of AI tech stocks, and whether BTC can withstand this round of tightening financial conditions.
#美联储10月维持利率概率升至82.3% #美债10年期收益率创19年新高
