比特币、铜、股票与美债收益率齐跌，黄金上涨
Bitcoin, copper, stocks, yields all fall; gold rises
Risk assets such as Bitcoin generally fell, copper futures fell nearly 1%, the 10-year U.S. Treasury yield fell 8 basis points to 5.08%, and gold rose 1%. Markets interpreted this combination as a contraction in risk appetite, driven in part by concerns about stagflation. CME futures pricing has dropped the probability of the Federal Reserve raising interest rates this month to 29%, with traders focusing on Thursday's PPI data and whether BTC can hold on to $78,000.
The combination of the general decline in risk assets and the rise in gold and U.S. Treasuries shows that the market is trading on stagflation concerns rather than a simple recovery in risk appetite. The probability of the Federal Reserve raising interest rates this month has dropped to 29%, weakening the short-term support of the US dollar, and gold's safe haven and anti-stagflation properties have gained a relative advantage. Whether subsequent PPI data and key risk asset levels can stabilize will be the key to judging the continuity of this risk aversion logic.
风险资产普跌与黄金美债上涨同时出现，原文给出收益率和加息概率变化，可作为判断短期风险情绪切换的具体参照。
来源：CoinDesk · coindesk.com