Sustained high bond yields combined with QE will lead to an inflation of equity and risk asset prices

Sustained high bond yields combined with QE will lead to an inflation of equity and risk asset prices

Here's how 👇

1️⃣ High yields = high required base return
2️⃣ Inflow of QE funds into equities & crypto
3️⃣ Equities & cryptocurrency prices increase

Further fuel for the bubble