🚨 THE U.S. BOND MARKET IS FLASHING A WARNING WALL STREET CAN’T IGNORE.
The 20-year Treasury yield just hit 5.735%.
The 30-year is pushing 5.7%.
The 10-year touched 5.34%.
All near levels not seen in roughly 24 years.
And this is bigger than bonds.
Long-term yields have surged more than 100 basis points since early March as inflation, massive government debt and geopolitical risk push borrowing costs higher.
Meanwhile, the S&P 500 is still hovering near record highs.
AI is keeping the party alive.
But underneath the surface, cracks are starting to appear.
Mortgage rates are rising.
Housing activity is weakening.
Credit spreads are beginning to widen.
Stocks can ignore rising yields for a while.
They cannot ignore them forever.
If borrowing costs stay this high, the pressure eventually moves into:
Growth.
Corporate earnings.
Valuations.
And ultimately, asset prices.
The market may still look strong today.
But the bond market is warning that the cost of money is changing fast.
And that could become the next major risk for stocks and crypto.
#Bitcoin #StockMarket #Bonds #FederalReserve #Economy
The 20-year Treasury yield just hit 5.735%.
The 30-year is pushing 5.7%.
The 10-year touched 5.34%.
All near levels not seen in roughly 24 years.
And this is bigger than bonds.
Long-term yields have surged more than 100 basis points since early March as inflation, massive government debt and geopolitical risk push borrowing costs higher.
Meanwhile, the S&P 500 is still hovering near record highs.
AI is keeping the party alive.
But underneath the surface, cracks are starting to appear.
Mortgage rates are rising.
Housing activity is weakening.
Credit spreads are beginning to widen.
Stocks can ignore rising yields for a while.
They cannot ignore them forever.
If borrowing costs stay this high, the pressure eventually moves into:
Growth.
Corporate earnings.
Valuations.
And ultimately, asset prices.
The market may still look strong today.
But the bond market is warning that the cost of money is changing fast.
And that could become the next major risk for stocks and crypto.
#Bitcoin #StockMarket #Bonds #FederalReserve #Economy
