Treasury Yields: Nasdaq Correlation Tops Oil
André Dragosch highlighted BCA Research charts showing Treasury yields now correlate more closely with the Nasdaq than with oil, indicating markets are pricing in fewer rate hikes due to AI downside risks.
SourceAnalysis
Treasury yields now correlate more with the Nasdaq than with oil, per charts from BCA Research shared by André Dragosch. The shift signals that fixed-income markets are registering downside risks in AI and embedding expectations for fewer rate hikes.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.