I have mentioned higher yields are bullish before.
Higher yields mean reflation = macro expansion = stocks and risk assets (like btc/crypto) UP.
*As long as yields dont break out above certain levels, this is bullish going forward.
Don't let anyone tell you otherwise.
The chart below shows when the 10 year yield bottoms (red circles), $IWM likes to break out to new highs shortly after (which is happening now - vertical white lines).
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$IWM vs U.S 10 year yield
I have mentioned higher yields are bullish before.
Higher yields mean reflation = macro expansion = stocks and risk assets (like btc/crypto) UP.
*As long as yields dont break out above certain levels, this is bullish going forward.
Don't let anyone tell you otherwise.
The chart below shows when the 10 year yield bottoms (red circles), $IWM likes to break out to new highs shortly after (which is happening now - vertical white lines).