WS #14821
Macro-financial conditions are tightening significantly, with the US 30-year yield reaching its highest level since 2004 and Bitcoin slipping below $84,000 as markets price in persistent rate-hike fears. This liquidity squeeze is pressuring high-multiple assets and creating headwinds for growth stocks. The dollar index is also showing signs of momentum fading, suggesting a complex interplay between rising yields and weakening global demand.
Macro Liquidity and Rate Hike Fears
Macro-financial conditions are tightening significantly, with the US 30-year yield reaching its highest level since 2004 and Bitcoin slipping below $84,000 as markets price in persistent rate-hike fears. This liquidity squeeze is pressuring high-multiple assets and creating headwinds for growth stocks. The dollar index is also showing signs of momentum fading, suggesting a complex interplay between rising yields and weakening global demand.