
u/isdjtantichrist

Finally it's happening a India-US trade deal. Will nifty gap up +1000pts?
Next year is going to be the year when India and beaten down SaaS stocks makes a comeback.
Looks like 10yr bond yields have topped at 5.25-5.30% range.
So guys we know that bond yields have been going up due to oil shock cuz of middle east war with Iran. Since this war is going to last the Federal Reserve have decided to begin its rate hiking cycle which is lifting the entire curve upwards. But in past few days seems like after completing its technical target of 5.25-5.30% i.e. the pre GFC era bond yields seen in 2006 (first top) - 2007 (second top) maybe yields have topped out here and will basically trade in a range for next 1yr just like 2006-07 (funny enough i.e. also 2026-2027)
as we approach 5% handle on the 10yr i cannot help but wonder...
60k incoming.
Oil prices is currently driving inflation breakevens
that in turn is pushing 10yr above 5%
that means risk apetite is prolly gonna go down
which means risky assets should get hit first
but Bessent is stopping yen from devaluing i.e. dxy from getting stronger
this is why crypto markets are resilient. He is acting like a house
But the house is going to fall.
And this is why crypto is going to fall as well.