After a long drawn out exchange stablecoin exit are we seeing the beginning of some inflows?
Slight uptick - hopefully the start of some fuel to the fire.
Are we on an upwards trajectory from here?
@nansen_ai
After a brief intermission, back to the regularly scheduled programming.
The 10Y Note Yield is back to its highest levels since 2023 and the 30Y Note Yield is up to 5.35%, matching 2007 levels.
Despite numerous intervention attempts by the US Treasury, nothing is working.
It is becoming increasingly clear that the only way to drive yields lower over the short-run would be an end to the Iran War and the ongoing global energy crisis.
However, over the long-run, this is a structural problem, with deficit spending and years of compounding inflation at its core.
The reality is that the era of ultra-low rates that Americans and the world became used to will not return anytime soon.
"Higher for longer" is the new normal.
@kylechasse So I'm not so sure. I've been in crypto since 2021 full time. None of my circle have checked in at all and I find this very strange. I don't believe we'll have any parabolic moves this cycle. Maybe a longer slower bull run.
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