WS #15050
US 30-year Treasury yields have surged to a 24-year high, creating significant pressure on equity valuations and driving a risk-off sentiment in global markets. In response, Bitcoin has rebounded sharply from summer lows of $58k to $84k, acting as a hedge against macro instability. The high yields are weighing on growth stocks and commodities, while crypto markets show resilience amid the turbulence.
Macro Yields and Crypto
US 30-year Treasury yields have surged to a 24-year high, creating significant pressure on equity valuations and driving a risk-off sentiment in global markets. In response, Bitcoin has rebounded sharply from summer lows of $58k to $84k, acting as a hedge against macro instability. The high yields are weighing on growth stocks and commodities, while crypto markets show resilience amid the turbulence.