$BTC US Treasury market is sounding alarms again!
The yield on the US 30-year Treasury has surged to 5.61%.
Straight up to the highest level since 2002!
The 10-year yield has also climbed to around 5.27%.
Global risk assets are once again facing pressure from long-term interest rates.
This round of US Treasury selloff has clearly spread to the long end: during the session, the 30-year yield rose to about 5.61%, while the 10-year yield is now at the highest level since 2007. The pressure isn’t only driven by expectations of further Federal Reserve rate hikes. Concerns about inflation from rising oil prices, the US fiscal deficit, and the ongoing increase in Treasury issuance are all causing investors to demand higher long-term yields.
For BTC, this is still one of the key macro variables that needs close monitoring. The higher the long-end yields, the tighter the financial conditions become, and the stronger the appeal of the dollar and risk-free yield assets. If the 30-year yield continues breaking upward, BTC, US stocks, and gold could all face further valuation pressure.
A 30-year US Treasury yield of 5.6% isn’t just ordinary volatility.
If BTC wants to regain momentum, it’s best to first see this Treasury selloff hit the brakes!
Click the card below—go for it!👇
$ETH $ZEC
The yield on the US 30-year Treasury has surged to 5.61%.
Straight up to the highest level since 2002!
The 10-year yield has also climbed to around 5.27%.
Global risk assets are once again facing pressure from long-term interest rates.
This round of US Treasury selloff has clearly spread to the long end: during the session, the 30-year yield rose to about 5.61%, while the 10-year yield is now at the highest level since 2007. The pressure isn’t only driven by expectations of further Federal Reserve rate hikes. Concerns about inflation from rising oil prices, the US fiscal deficit, and the ongoing increase in Treasury issuance are all causing investors to demand higher long-term yields.
For BTC, this is still one of the key macro variables that needs close monitoring. The higher the long-end yields, the tighter the financial conditions become, and the stronger the appeal of the dollar and risk-free yield assets. If the 30-year yield continues breaking upward, BTC, US stocks, and gold could all face further valuation pressure.
A 30-year US Treasury yield of 5.6% isn’t just ordinary volatility.
If BTC wants to regain momentum, it’s best to first see this Treasury selloff hit the brakes!
Click the card below—go for it!👇
$ETH $ZEC
