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TBNG_OKX
#USTreasuryYieldsSurge The 10Y hitting 5.34% gets attention. I'm more interested in what survives rates this high 👀
Mortgages hit 7.28%, while long-term funding costs remain painful even as hike bets cool. Treasury buybacks and dealer capacity may improve market plumbing, but they don't make capital cheap.
That's the real test: if 5%+ yields stick around, stocks, AI capex, housing and BTC all have to compete with a much higher risk-free return.
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