10Y Treasury yield just blew past 5.07% — highest since July 2007. This is the real story, not the stock dump.
Trigger: September PMI came in HOT at 58.4 (prev 56.0) — 5-year high. New orders surging = economy running too hot = sticky inflation isn't going anywhere.
October rate hike odds jumped to 70%. Market pricing in 3 more hikes over next 12 months.
Yeah yeah, "rate hike bull market" copium is real 😂 but let's be honest — risk assets still bleed when rates spike. Discount rate sensitivity hasn't changed. Stocks down, $BTC down, same playbook.
$WTI already at $92. Any Middle East flare-up and we're pouring gas on the fire.
Stay liquid. This macro setup is not your friend.
Trigger: September PMI came in HOT at 58.4 (prev 56.0) — 5-year high. New orders surging = economy running too hot = sticky inflation isn't going anywhere.
October rate hike odds jumped to 70%. Market pricing in 3 more hikes over next 12 months.
Yeah yeah, "rate hike bull market" copium is real 😂 but let's be honest — risk assets still bleed when rates spike. Discount rate sensitivity hasn't changed. Stocks down, $BTC down, same playbook.
$WTI already at $92. Any Middle East flare-up and we're pouring gas on the fire.
Stay liquid. This macro setup is not your friend.