10 year bond yields approaching strong resistance here at the 200 weekly ema. I would be shocked if yields didn't reject from that level. The drop in yields should be taken well by the broader stock markets & crypto sectors as fast rising yields have been attached to rising inflation (at least that's the current narrative). The DXY is looking weak as well running into the trend resistance on daily chart & making a lower high. This looks like a good set up for the bullas.
all I want to know is why in the hell are bitcoin and stocks acting like little bitches because the 10 year bond yield is rising. it's irrational and stupid.
@Lucid_Liquidity, You have to give it time the Dollar was rising a couple of weeks ago. Now its sliding down so stocks should go on a run soon.I also think its going to be altcoins though. Consumers aren't really getting into the bitcoin, the corporation are going to have to take us higher.
Big_Mike716
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@paulisidor, looks like crypto & gold are saying higher yields r n to really a big deal IMO
paulisidor
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@Big_Mike716, Well it's true people are scared and jobless over all they're trying hedge in the value. A good market for those who are prepared. Gold needs to fly. Same for silver.
marcusmah
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1.73 % now.
Bearish-Bulls
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AAAAAAAND the us10y says fuck your short loser :D (its a meme sorry)