๐จ 10-YEAR YIELDS SMASH 5.13% AS HOT PMI DATA THREATENS $BTC RALLY! ๐
U.S. composite PMI just ripped to 58.4 alongside spiking input costs, forcing money markets to price in a 73% probability of an October rate hike. ๐ With 10-year Treasury yields pushing past 5.13% to multi-year highs, macro liquidity is tightening hard against risk assets.
While deep-pocketed tech balance sheets absorb the shock, traditional risk appetite is taking a direct hit as capital re-prices the high-for-longer regime. โก Smart money is watching whether expanding order books can offset peak borrowing costs or if a broader market shakeout is brewing. ๐ฌ Are you shifting capital to defensive setups here or bidding the pullback? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BTC #Macro #Yields #Fed #Crypto
โก ๐๏ธ
U.S. composite PMI just ripped to 58.4 alongside spiking input costs, forcing money markets to price in a 73% probability of an October rate hike. ๐ With 10-year Treasury yields pushing past 5.13% to multi-year highs, macro liquidity is tightening hard against risk assets.
While deep-pocketed tech balance sheets absorb the shock, traditional risk appetite is taking a direct hit as capital re-prices the high-for-longer regime. โก Smart money is watching whether expanding order books can offset peak borrowing costs or if a broader market shakeout is brewing. ๐ฌ Are you shifting capital to defensive setups here or bidding the pullback? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BTC #Macro #Yields #Fed #Crypto
โก ๐๏ธ