đą Treasury yields are cooling down, pulling back from multi-year peaks as HSBC targets 4.65% by year-end đ rather than the feared 6% surge. This retreat removes a heavy macro drag on crypto liquidity đ° as long as ten-year yields stay below the critical 4.8% threshold. Watch upcoming economic data for confirmation of this risk-on reprieve.
Will the ten-year Treasury yield stay capped below 4.8% and unlock a broader crypto rally this quarter? đ
#treasuries #macro #rates #fed #liquidity
Will the ten-year Treasury yield stay capped below 4.8% and unlock a broader crypto rally this quarter? đ
#treasuries #macro #rates #fed #liquidity
