Ten-year U.S. bond yield is the gravity of assets around the world

Interest rates are the gravity of the financial world. The Fed created a gravity-free environment before, and everything floated into the sky. Now for whatever reason, gravity kicks in.
​​​​The ten-year U.S. bond yield is the gravity of assets around the world. As soon as the yield rises, everything from Moutai to gold, commodities, and Bitcoin will all fall. Those who rotated the plates only escaped the catastrophe temporarily.
Now we are waiting for when the Fed will soften and control the yield of government bonds. I am afraid that only a sharp drop of more than 10-15% in the US stock market can force Powell to admit defeat.