2Y 4.560 ▲5Y 4.750 ▲10Y 4.950 ▲30Y 5.370 ▲VIX 17.94 ▲MOVE 76.74 ▲DXY 99.06 ▲USD/JPY 154.34 ▲GOLD 4,363 ▼COPPER 6.52 ▼WTI 102.62 ▲BTC 77,140 ▼ETH 2,462 ▼S&P 7,592 ▼NDX 29,104 ▼MSTR 128.56 ▼
SYNERGY MACRO TERMINAL
Rates · Liquidity · Scarcity · Credit · Power · 2026-09-10
ScarcityWEDNESDAY

The hard-asset trade. BTC, gold, copper/gold, the BTC-treasury complex.

The CorridorPlumbingScarcityCredit & StressGovernance & Power
WEDNESDAY · 2026-09-09 · Scarcity

The Real Yield Is the Whole Trade

Bitcoin does not trade against the dollar. It trades against the real rate.