Make CryptoSlate preferred on Iran's attack on ships in the Strait of Hormuz and a drone strike on the Fujairah Oil Industry Zone sent Brent crude to $114.44 and WTI to $106.42, while the 10-year Treasury yield climbed to roughly 4.44% and the 30-year broke above 5%.Bitcoin registered an intraday high of $80,717.66 on May 4, putting its macro identity to the test of being a hedge against monetary disorder or a liquidity-sensitive asset that struggles when yields rise, and cash becomes more attractive.When the 10-year approaches 4.5%, mortgage rates, equity valuations, and corporate borrowing all tighten with it. Freddie Mac put the 30-year fixed mortgage at 6.30% as...
Make CryptoSlate preferred on Iran's attack on ships in the Strait of Hormuz and a drone strike on the Fujairah Oil Industry Zone sent Brent crude to $114.44 and WTI to $106.42, while the 10-year Treasury yield climbed to roughly 4.44% and the 30-year broke above 5%.Bitcoin registered an intraday high of $80,717.66 on May 4, putting its macro identity to the test of being a hedge against monetary disorder or a liquidity-sensitive asset that struggles when yields rise, and cash becomes more attractive.When the 10-year approaches 4.5%, mortgage rates, equity valuations, and corporate borrowing all tighten with it. Freddie Mac put the 30-year fixed mortgage at 6.30% as...
