US 10Y Yields

First time US 10Y Yields have hit the 5% mark since July of 2007.

Interesting to note.

Concurrent to this China has recently turned on the money printers which has lead to more PBOC Liquidity etc.

With that being said it has partially driven crypto prices, albeit low sentiment.

Which is lovely to see :)

Before I get political, this may or may not get controlled soon. I'll let my political views be up for speculation.

They may though deploy the same as Japan some yield curve control.

Crypto is still long for me (ofc).

Although, stocks and other risk assets are becoming more uncorrelated.

So do with that what you may.

There is no current sign of exhaustion, for the 10Y in the short term.
Soon enough though there will be.