April 24, 2026MixedMedium Conviction

Daily Macro Risk Pulse

Rates surge driving tech underperformance while crypto consolidates, positioning for Fed pivot uncertainty amid oil strength.

BTC$77,716+0.5%

ETH$2,315+0.1%

SOL$85.55+0.2%

Fear & Greed39Fear

VIX19.32+0.1%

DXY98.78-0.0%

US 10Y4.320%+0.7%

Gold$4,698-0.2%

Oil (WTI)$97.50+1.7%

S&P 5007,108-0.4%

RegimeMixed

ConvictionMedium

Analysis

10Y Treasury Spikes 68bps Pressuring Growth Assets

The 68bp surge in 10Y yields to 4.32% is creating a significant headwind for duration-sensitive assets, with NDX down 89bp versus SPX's 41bp decline. This yield move suggests either hawkish Fed expectations or term premium repricing. Crypto's resilience with BTC flat at $77,716 indicates institutional bid absorption, but sustained rate elevation threatens risk asset multiples.

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