US Treasuries2026-09-14 14:46:40U.S. 10-Year Treasury Yield Hits 5% Again as Curve Flattening Draws Closer ScrutinyThe U.S. 10-year Treasury yield touched the 5% threshold on Monday, returning to that level for the first time since 2023, according to BlockBeats. The move came as selling pressure in the Treasury market intensified against the backdrop of the Iran conflict, higher oil prices, and continued pressure from the U.S. fiscal deficit. Long-term borrowing costs have moved up, with the 30-year fixed mortgage rate climbing back above 7%, extending the impact of elevated rates into the real economy. The report said markets are paying even closer attention to the rapid flattening of the yield curve. Last week, the spread between 2-year and 10-year Treasuries narrowed to 31 basis points, while the 2-year/30-year spread contracted to 71 basis points. That shift suggests short-end rates are still being pushed by expectations for further tightening, while the upside in long-end yields may be more limited. In pricing terms, the market may be reflecting both a higher-rate environment and the risk of slower future economic growth. BlockBeats also noted that rising energy and housing costs could squeeze household discretionary spending, a key issue given that personal consumption accounts for about 70% of the U.S. economy. Even with the S&P 500 up more than 10% this year, a 5% risk-free rate is narrowing the valuation cushion for equities and other risk assets.850
Arthur Hayes2026-09-13 14:29:16Arthur Hayes says an AI-first endgame still leads to money printing and more liquidityBitMEX co-founder Arthur Hayes said a break in demand for AI compute would ultimately force policymakers back to money printing. In his view, the current idea of putting 「AI safety first」leaves only two real paths. One is for the U.S. government to step in and take over the role now played by buyers such as Anthropic, OpenAI, and SpaceX, continuing to support demand for data centers and chip orders. The other is for those buyers to disappear, causing debt tied to the AI buildout to blow up, with insurers taking the first hit and the Federal Reserve printing money to rescue them if losses become too large. Hayes said the conclusion is the same either way. Whether the response comes through a fiscal route or a monetary one, liquidity would be released, and risk assets would benefit in the end. The comments were reported by BlockBeats on Sept. 13.840
bitcoin2026-09-08 08:30:30Bitcoin, gold and tech stocks slip as yen rises and bond yields climbBitcoin, gold and technology stocks moved lower as the yen strengthened, according to CoinDesk. At the same time, oil prices rose and government bond yields increased around the world. The moves point to pressure across risk assets while other parts of the market, including energy and sovereign debt yields, headed higher. The report framed the session as a broad cross-asset shift rather than a move isolated to crypto alone, with bitcoin trading in the same direction as gold and technology shares as the yen rallied.730
US jobs data2026-09-05 00:40:48Strong August Jobs Data Reinforces Fed Rate Hike Bets, but Wall Street Risk Assets Show No PanicStronger-than-expected August US jobs data has pushed traders to renew bets on a Federal Reserve rate hike, yet Wall Street risk assets have not shown widespread panic. US Treasuries sold off, the dollar strengthened, and the S&P 500 fell on Friday but still managed a weekly gain. The bond market adjustment has not spilled over into other risk assets, with credit spreads remaining tight and corporate bond markets under limited pressure. JPMorgan noted US Treasury liquidity deterioration but corporate bond ETFs and stock index futures markets remained calm. Market resilience stems from economic growth and AI-driven capital spending. The next focus is on inflation data and whether the Fed will reconsider its rate path.890
China2026-09-02 06:53:22China Credit Impulse Flashes Red for Risk Assets, Bitcoin UnfazedChina's credit impulse indicator is flashing red, signaling caution for risk assets. Bitcoin has so far shrugged it off.890
Bitcoin2026-09-01 13:55:26Bitcoin Enters 'Rektember' as Rate-Hike Risk and Seasonality Threaten RallySeptember has historically been a poor month for risk assets, and bitcoin is no exception. According to CoinDesk, rate-hike risks combined with seasonal headwinds are threatening the cryptocurrency's August rally.720
M2 money supp2026-08-29 05:04:31US M2 Money Supply Hits Record $23.22T in July, Up $102.8BU.S. M2 money supply rose by $102.8 billion in July to $23.22 trillion, according to Cointelegraph. That is the highest reading on record and the 27th consecutive month that the measure has grown. M2 is widely treated as a key indicator of market liquidity, and its continued expansion may offer macro-level support to risk assets, including cryptocurrencies. The data also points to a longer-term expansion in U.S. money supply. With July's gain, the money supply has now posted monthly increases for more than two straight years. The latest total reflects the cumulative effect of those monthly moves and sits above the previous record. The report frames the persistent M2 growth as a supportive backdrop for digital assets in the current macro environment. The fresh high underlines how the U.S. monetary aggregate has kept climbing over a prolonged period, extending a streak that began more than two years earlier.860
Goldman Sachs2026-08-28 05:12:41Goldman Sachs says Waller remarks may not be a major event risk, with oil seen as the bigger market driverGoldman Sachs strategist Rich Privorotsky said on Aug. 28 that oil price moves may matter more to markets than the Jackson Hole symposium. In Goldman’s view, investors may be paying too much attention to Waller’s upcoming remarks while underestimating how oil feeds into inflation and broader financial conditions. The bank said a pullback in oil prices could lower inflation expectations, ease pressure on consumers, and push long-dated U.S. Treasury yields lower. That, in turn, would reduce valuation pressure on equities and support risk assets. Privorotsky added that this year’s Jackson Hole gathering is unlikely to become a major event risk unless Waller’s comments clearly depart from his previously stated policy stance. The note frames oil as a more immediate variable for markets than the symposium itself, at least under current conditions described by Goldman.730
