According to Edward Dowd, consumer cash-flow weakness is triggering an end-of-cycle credit feedback loop in which lenders pull back, over-levered companies face rising bankruptcy risk, and margin stress will eventually hit AI stock favorites; he cites halted cash flows at First brands, Tricolor, and PrimaLend as early signals and adds that rate cuts do not occur in a booming economy. Source: Edward Dowd on X, Oct 29, 2025. For traders, Dowd’s warning points to tighter liquidity, forced deleveraging, and downside risk across high-beta assets; equity and crypto portfolios (including BTC, ETH) should prepare for volatility spikes and correlation jumps if stress broadens. Source: Edward Dowd on X, Oct 29, 2025.

According to @KobeissiLetter, the Bank of Japan’s total assets fell by $148 billion in Q3 2025 to $4.62 trillion, the lowest since mid-2022 and the largest quarterly decline since QT began in 2024 (source: @KobeissiLetter). The same source reports that since the March 2024 peak, BoJ assets have declined by $407 billion, or 8.1% (source: @KobeissiLetter). @KobeissiLetter adds that the BoJ’s total assets to GDP ratio remains above 110%, underscoring the still-large balance sheet despite ongoing QT (source: @KobeissiLetter). According to @KobeissiLetter, the BoJ also announced in late September it will gradually sell ETF and REIT holdings at a pace of $4.2 billion per year, signaling a shift away from ultra-loose policy (source: @KobeissiLetter).

According to The Kobeissi Letter, persistent high interest rates and the Federal Reserve's refusal to cut rates are pushing US 10-year Treasury yields toward 5 percent. Trade deals are also contributing to this upward pressure on yields. The Kobeissi Letter warns that unless there is a change in monetary policy or trade dynamics, the 10Y Note Yield could reach 5 percent. For cryptocurrency traders, rising yields typically signal tighter liquidity and higher opportunity costs, which can lead to increased volatility and downward pressure on digital asset prices. Source: The Kobeissi Letter on Twitter, May 26, 2025.

According to StockMKTNewz, Fed Governor Waller stated that the Federal Reserve will not participate in primary bond auctions, confirming a firm stance on monetary policy tightening (source: StockMKTNewz, May 22, 2025). This decision signals continued restraint in liquidity support, which may increase bond yields and potentially reduce risk appetite across financial markets, including the cryptocurrency sector. Traders should monitor volatility in both traditional and crypto markets, as constrained liquidity often leads to increased price swings and impacts capital flows into digital assets.

According to Mihir (@RhythmicAnalyst), 10-year Treasury yields have reversed their decades-long bear market trend post-COVID and recently bounced off a major support level, as indicated by his technical analysis. This technical bounce after two and a half years of consolidation suggests yields may move higher in the near term. Rising yields historically lead to tightening financial conditions, which can influence risk asset flows, including cryptocurrencies. Traders should monitor Treasury yield movements closely, as further increases could pressure crypto valuations by impacting liquidity and investor sentiment (source: Mihir, Twitter, May 19, 2025).