🇺🇸 Bessent unfazed by AI bubble talk + 10Y yields at 2002 highs
Treasury Sec basically said "nothing to see here" — claims it's just global macro playing out
But here's the thing: 10Y at these levels = cost of capital through the roof. Risk assets (crypto included) historically get wrecked when yields run this hot
AI hype machine still pumping, but if yields keep climbing, liquidity dries up fast. That's when the music stops
Watch DXY + yields closely. If they break higher, expect vol across the board — $BTC, $ETH, alts all feeling the heat
Not FUD, just reality. Trade accordingly 👀
Treasury Sec basically said "nothing to see here" — claims it's just global macro playing out
But here's the thing: 10Y at these levels = cost of capital through the roof. Risk assets (crypto included) historically get wrecked when yields run this hot
AI hype machine still pumping, but if yields keep climbing, liquidity dries up fast. That's when the music stops
Watch DXY + yields closely. If they break higher, expect vol across the board — $BTC, $ETH, alts all feeling the heat
Not FUD, just reality. Trade accordingly 👀
