There’s more news on the policy front 👀 PIMCO executive Ivascyn says the 10-year Treasury yield risks hitting 6%.
This data point itself doesn’t mean much, but it’s still worth watching in the context of the current policy cycle. Macro data like this can’t simply be labeled bullish or bearish, and a one-day move doesn’t tell us anything about the trend.
$BTC What do you think?
Just my personal take; I may be wrong, so please treat it with caution.
This data point itself doesn’t mean much, but it’s still worth watching in the context of the current policy cycle. Macro data like this can’t simply be labeled bullish or bearish, and a one-day move doesn’t tell us anything about the trend.
$BTC What do you think?
Just my personal take; I may be wrong, so please treat it with caution.