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The Weekly Fix: Lose The (Bond) Shorts; Crypto Credit Collapse

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Crypto-Market Panic Subsides as Stablecoin Mess Lingers

Welcome to the Weekly Fix, the newsletter where cash is trash and liquidity is still ample. I’m cross-asset reporter Katie Greifeld.

After months of a seemingly one-way trade, people finally started buying bonds. As of writing, 10-year Treasury yields are on track to drop nearly 25 basis points this week. The ‘why’ isn’t crystal clear.