The bond market is out of control.
The US 30Y Note Yield is now up to 5.27%, its highest level since June 2007.
This officially marks a +450 basis point rally since the low seen in 2020.
At the current pace, we are on track to see US 30Y mortgage rates exceed 7.50% by year-end.
And to top it all off, Fed Chair Warsh is now adamant that the market should operate independently, without Fed guidance.
Even without rate hikes or Fed guidance, the market is sending rates higher; operating exactly how Fed Chair Warsh wants it to operate.
The bond market will soon be the most talked about component of global capital markets.
This simply is not sustainable.
π¨ Bitcoin is testing the exact level that triggered a 565% rally last time.
$BTC Monthly support is holding, with a BIG green candle.
Bottom? Probably not.
Promising bounce? Absolutely.
π¨ JAPAN COULD CRASH MARKETS NEXT WEEK
Another US-Japan yen intervention could come as early as next week.
The last one (1998) was followed by a 20% crash in US stocks.
This is 50-100x bigger. π«£
$10,000 invested in $XRP 8 years ago is now worth $3,000.
$10,000 invested in eggs 1 month ago is now worth $43,400.
Bro, we got outperformed by fucking Eggs.
π¨THE FINAL BITCOIN DUMP HAS OFFICIALLY BEGUN.
This Bitcoin Pattern Has Never Failed.
2018:
$19K β $3K
2022:
$69K β $15K
2026:
$126K β $40K
The final capitulation is still ahead.
Bookmark this now. Youβll thank yourself later.
The bond market situation is crazy.
While everyone focuses on AI, US borrowing rates just hit the highest level since June 2007.
Credit card "serious delinquencies" are at the highest since 2010 and mortgage rates could near 8%.
What's happening? Let us explain.
(a thread)