BTC Breaks 61,000 USDT, 24-Hour Loss Narrows to 0.71 Percent
According to market data, BTC broke through 61,000 USDT and is now quoted at 61,039.988281 USDT, narrowing its 24-hour decline to 0.71%.
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Will a 10-year US Treasury yield rising to 5.5% "attack" US stocks? Societe Generale warns: this could be the valuation tipping point.
Bokobza, Global Head of Asset Allocation at Société Générale, pointed out that if the 10-year U.S. Treasury yield reaches 5.5%, corporate profit growth will not be sufficient to offset the impact of rising rates on valuations, and the stock market will face substantial pressure. However, he believes that the upcoming rate hikes by the Federal Reserve and the European Central Bank will be relatively limited and will not disrupt the current economic cycle.
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