Variational now lists 9 swap markets not available anywhere else on-chain: ➡️ Cocoa ➡️ Volatility Index ➡️ Dollar Index ➡️ Heating Oil ➡️ FANG+ Index ➡️ US30 Index ➡️ US2000 Index ➡️ Taiwan Index ➡️ China Index Which markets do you want to see brought on-chain next?

🚨 Another day, another multi decade high for US bond yields Interestingly, US10Y, US20Y, and US30Y have all jumped by 40 bps on average ever since the Treasury Secretary said "I am the house now, bet against me if you dare" US10Y is now the highest since 2007. US20Y and US30Y are both the highest since 2002. Turns out the bond vigilantes took that dare.

🚨 THIS IS NOT LOOKING GOOD. Entire US bond yield curve is going parabolic. US01Y is at a 25-month high US02Y is at a 28-month high US05Y is at a 19-year high US10Y is at a 19-year high US20Y is also at a 22-year high US30Y is at a 19-year high Higher yields across the board mean higher borrowing costs for the government, businesses, and consumers, and that's bad news for both the economy and stocks.

The relentless buildout of AI infrastructure is drawing bipartisan backlash, which could introduce political risk to the market’s beloved trade ahead of the US midterm election