📊 Long-term Treasury yields finally took a breather, with the 30-year easing to 5.19% Monday from Friday's 5.24% close. The 10-year slipped to 4.65% — the first real sign that Bessent's supersized bond buybacks, which begin September 9, are calming a market that just pushed yields to their highest since 2007.
🔼 Bitcoin topped $79,000 Monday morning, its highest level since May. The move extends last week's 22% surge — its best week in two years — with traders now looking to Wednesday's PCE inflation print and Fed Chair Warsh's Jackson Hole speech Friday for the next catalyst.
$BTC
🔼 Bitcoin topped $79,000 Monday morning, its highest level since May. The move extends last week's 22% surge — its best week in two years — with traders now looking to Wednesday's PCE inflation print and Fed Chair Warsh's Jackson Hole speech Friday for the next catalyst.
$BTC