According to @godbole17, the recent rise in long-end bond yields across advanced economies is not due to increased growth or inflation expectations, but rather reflects market doubts about fiscal sustainability. This environment increases the likelihood of large-scale Yield Curve Control (YCC) measures in the future. Traders should note that such macro uncertainty typically drives inflows into safe-haven assets like gold and Bitcoin (BTC), as evidenced by previous market cycles. Monitoring yield movements and fiscal policy announcements is crucial for anticipating volatility and potential upward momentum in gold and BTC prices (Source: Twitter/@godbole17, May 18, 2025).

According to André Dragosch, PhD, bond vigilantes are actively monitoring fiscal sustainability, which is currently a key focus for bond markets. This heightened scrutiny may influence interest rates and the overall bond market dynamics. (Source: @Andre_Dragosch)