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Crude's push above $91 a barrel drove the US 10-year yield to 4.81%, a level unseen in two years and ten months, as energy-led inflation risk collided with a heavy Treasury supply calendar. Higher oil feeding into breakevens keeps the term premium elevated, which tightens dollar liquidity, supports DXY, and compresses valuations for long-duration equities and high-beta assets including BTC and ETH. Watch whether the 10-year holds above 4.80% and whether Brent/WTI strength persists into the next CPI print; a crude pullback would be the fastest way to relieve pressure on both yields and risk appetite.
As a Macro signal, watch whether it changes price action, volatility, or flows around CL=F, IXIC, BTC.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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