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TBNG_OKX
#USTreasuryYieldsRise Bonds are starting to compete with everything 👀
The 10Y hit 5.2%, while the 30Y reached ~5.46%, its highest in 22 years.
Mortgage rates are now around 7.45%.
What stands out to me is the ripple effect. When risk-free yields climb this high, homes, corporate borrowing and expensive growth assets all face a tougher hurdle.
Treasury buybacks may improve liquidity, but they don't make capital cheap.
The real question for markets is becoming: why take more risk when cash
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