The U.S. 10-year Treasury yield hit its highest point since last August. What does this mean? The market's expectations for Fed rate cuts have cooled significantly. I’ve been saying the macro bearish trend has arrived, but no one believed it. Today, Fed members Waller and Bowman spoke, still suggesting three rate cuts. Some followers asked me what I think! My answer: Actions are costly, but talking is free. The market will give us the real answer. The upcoming expectation is for the dollar to strengthen “slowly” (pressure at the 100 key level), with a high probability of breaking through. Gold will continue to drop, and Bitcoin will also fall! Long the dollar, short gold, and prioritize Bitcoin allocation. US10YT DXY XAU Bitcoin