JPMorgan Forecasts Bitcoin Beating All Stocks, Bonds
@JPMorganAM’s new outlook projects a 10% annual return for $BTC, the highest among assets it assessed, but assumes 55% volatility and excludes it from model portfolios. #Update #Crypto $BTC
bond market
Yen Stablecoin Revolutionizes Corporate Finance
Startale Japan Co. Ltd. issues a corporate bond using the yen stablecoin JPYSC for payments, marking a first in Japan’s financial market. #Update #Stablecoin
US Debt Crisis Looms: Dalio’s 3-Year Warning
Ray Dalio warns of a potential U.S. debt crisis within three years, with current spending at $7.5 trillion against $5.5 trillion in revenue. #Update #Economy
Bond Yields Surge to 24-Year High
The 10-year Treasury yield hit 5.18%, the highest since July 2007, as the MOVE index surged to 104.6 post-Fed rate hike; Arthur Hayes warns of potential bailout if it exceeds 130. #Update #Finance
Tether Reveals $141 Billion US Debt Risk
@Tether’s US Treasury exposure exceeds $141 billion, making it the largest non-sovereign holder of US debt, raising concerns about stablecoin risks in mainstream finance. #Update #Crypto $USDT
Ethereum Launches Tokenized Credit with BNY
Openeden launches HYBOND, a tokenized investment product offering onchain access to BNY Investments’ high-yield bond strategy. This marks a move into complex financial instruments in tokenization. #Update #Finance