US administration Last week, it caused jolt in global markets with its harsh customs tariffs announced to the public. However, immediately after this aggressive tone, the call for ak Return to the table önünde showed a strategic U -turn. Washington’s sudden back step is not only interpreted as a geopolitical tactical, but also as a compulsory move thrown by listening to the signals of the domestic markets. According to QCP Capital, especially in the US bond market, the mobility points to a new turning point in the economy.
Bond rates increased, pressure on the Fed increased
10 years US treasury bondsWhile the interest rate increased to 4.6 percent, this rate exceeded 5 percent in 30 years. This increase in bond rates increased investors’ long -term concerns, while the risk appetite also weakened. US President Donald TrumpIt was predicted to aim to revive the stock exchanges if it was re -elected. However, in order to realize this scenario, interest rates should not rise, but to fall.
Acceleration in bond sales US central bank (Fed) also increased the pressure by folding. Markets are now waiting for a 3.5 base interest rate reduction this year. Last week, Waller’s statements strengthened this expectation. Waller describes the risk of permanent inflation as “temporary .. recession He implied that the danger was more evaluated. The FED had previously made serious mistakes during inflation periods, which he used the phrase “temporary”. Nevertheless, expectations of the supporting intervention, known as “FED protection, are strengthened.
As the gold rises, Bitcoin is waiting
With the increase in global geopolitical tensions goldhas become one of the ports where investors took refuge again. In particular, US Treasury bonds and the loss of the traditional safe port features of the dollar increased the charm of gold. Gold is no longer a protection tool against inflation, but also a trench against credit risk. Thus ounce of gold Today, up to 3 thousand 33.29 dollars, once again renewed the record.
Credit default swaps (CDS) for the US SWAP SPREADs and government debts are on the rise. This shows that the worries about the debt reliability of America increased among investors. However, a similar “safe port” interest Bitcoinhas not been seen in. Crypto currency investors still prefer to stay in cautious and protection -oriented positions. Bitcoin’s “Alternative Value Storage Tool” story has not yet attracted enough attention in this macroeconomic atmosphere.
QCP Capital emphasized that there is no big panic atmosphere in the market, even though Bitcoin’s price was not big. Investors are moving with more protective strategies until the direction of the price becomes clear. This means that in the short term, not large outlets, but more wavy course will be at the forefront.
In the macro narrative, Bitcoin is not yet in the same league as gold. Gold refers to confidence as an entity based on physical and historical foundations shaped outside the pressure of central authorities. crypto currency It is still waiting on the verge of agency acceptance. But as financial uncertainties continue BTC Opportunity windows can be opened.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
