Source: MarketWatch, 17:30 ET: “The bond market shrugged off two inflation shocks. Why stock investors should pay attention.”
marketwatch.com/story/the-bond…
Hot CPI and PPI, yet Treasury yields keep falling.
The bond market may be signaling a turning point.
If the US 10Y breaks below 5%, watch Nasdaq and Bitcoin closely.
A potential catalyst for the next rally? 👀
#Bitcoin#Nasdaq#TreasuryYields
Bitcoin’s next move may be decided by the bond market.
The U.S. 10Y is near 5%. Now watch Treasury buybacks.
If buybacks stabilize bonds and push yields lower, BTC could finally get some breathing room.
Watch Bitcoin. Watch bonds closer.
#Bitcoin#BTC#Treasury#Crypto
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