The recent rise in Treasury yields has been truly historic:

The 10-year note #yield has risen ~115 basis points since rate cuts began on September 18th.

This is the first such occurrence over the last 40 years covering 11 cutting cycles.

In the previous 10 cycles, the 10-year note yield declined by an average of 103 basis points after the first rate.

In other words, the market is now moving in the exact opposite direction as the Fed.

The January 29th Fed meeting will be interesting.

Powered by V3V Ventures
#BTC #ETC #GT #BTC100k