2025-12-31 01:44:32

The market has just digested a major piece of data: the 30-year Treasury futures fell by 0.6%. This seemingly small move hides a story worth paying attention to.

The issue lies in the unexpectedly strong PMI indicator. When economic data exceeds market expectations, investors usually reassess interest rate outlooks and bond risks. This time was no different — the better-than-expected PMI readings put pressure on the bond market, causing futures contracts to drop accordingly.

For traders, this signal is quite clear: if the economic fundamentals continue to improve, long-term interest rates face upward pressure. Bond prices and yields move inversely; although the decline isn't large, it is enough to alter some asset allocation calculations. The crypto market has always been sensitive to macroeconomic environments, and such bond market fluctuations often trigger chain reactions in risk assets, making it important to closely monitor subsequent developments.

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LiquidityOracle

· 01-01 14:52

PMI exceeded expectations again, and this wave of decline in the bond market is really a chain reaction. We need to keep an eye on whether BTC will also start to move impulsively.

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GreenCandleCollector

· 01-01 14:33

Whenever PMI rises, the bond market suffers. We’ve all figured out this logic... In the long run, as interest rates go up, our coins will continue to be under pressure.

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BrokenYield

· 2025-12-31 02:12

0.6% drop? lol, that's when smart money starts repositioning before the real volatility hits. pmi beats always expose the leverage hiding in bonds.

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GasFeeLover

· 2025-12-31 02:06

Here we go again. When PMI exceeds expectations, it all depends on the bond market’s reaction. We've seen this logic too many times before. If long-term interest rates rise, risk assets indeed need to be cautious, but to be honest, we're used to it now. Anyway, cryptocurrencies are also fluctuating along with it.

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LadderToolGuy

· 2025-12-31 01:59

PMI exceeding expectations is really annoying; when the bond market drops, the crypto circle has to suffer too --- Here we go again, good economic data is actually bad news; I still can't understand this logic --- A 0.6% decline isn't big? Just wait, you'll see when interest rates rise later --- Basically, it's still the fate of risk assets; a strong economy is actually uncomfortable --- Bond yields are soaring, how could we possibly do better on our side --- Every time macroeconomic data is released, we have to recalculate; it's so exhausting

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