Oil Over $100 and Yields at Highs — Why Crypto Can't Catch a Bid | MACRO TRADING DESK

Original author：SoSoValue

Original source：https://www.youtube.com/embed/1NkziGflVGw

2026.09.10 What's New - Largest US-Iran naval clash since the war began; Houthi forces intensify Red Sea attacks; Trump signals no negotiation progress before the midterms; tanker traffic drops to single digits; Brent up 3.91% above $100. - Treasury's first long-bond buyback purchases USD 4-6B, below optimistic expectations and with no forward guidance; the Bessent effect is fading; 30Y yield jumps to 5.291%, 10Y hits a yearly high at 4.8386%. - Crypto choppy with oil above $100; BTC at $77.9K, ETH at $2,452; Sept 8 BTC ETF outflows USD 0.47B, ETH ETF outflows USD 0.24B; Iran eases FX controls, allowing USDT and Bitcoin for cross-border settlement. - Meta launches personal AI agent Muse to positive reception, stock up 6.5%; the market sees distribution power and switching costs threatening Google search; AI token price index falls 41% to $0.68, high-end models constrained. Trade Setup - Thesis unchanged: Bessent effect fading, macro headwinds intensify as oil and yields surge. - US-Iran escalation pushes Brent above $100; the Treasury's USD 4-6B long-bond buyback disappoints; the Bessent effect wanes as bears strengthen; 30Y yield jumps above 5.3%, 10Y hits a yearly high at 4.8386%; Warsh faces a hike-volatility vs. no-hike-credibility dilemma; watch Thursday PPI and Friday CPI. - Meta's Muse AI agent is well-received, stock +6.5%; token price index drops 41% to $0.68; focus shifts from hardware supply to ROI validation; watch the Anthropic IPO and DeepSeek V4.1 Flash. SoDEX Key Assets Watchlist - US Tech Index (USTECH-100), Oil (CL), Gold (XAUT), Bitcoin (BTC) - AI divergence, crypto volatility (META, GOOGL, NVDA, ETH, HOOD) Website - https://sosovalue.com/ X - https://x.com/sosovaluecrypto Telegram - https://t.me/SoSoValueCommunity ——— Website - https://sosovalue.com/ X - https://x.com/sosovaluecrypto Telegram - https://t.me/SoSoValueCommunity