TRANSCRIPT
X:ETHUSD jumped +1.14% (90th percentile), then X:BTCUSD rose +0.77% (88th percentile), before X:ETHUSD fell -0.75% (81st percentile) and X:BTCUSD fell -0.54% (78th percentile). Is this a glitch or just the market having a seizure? Meanwhile, VIXY rose +0.36% (44th percentile), which should have been enough to make Margo Kessler's latest proclamation that everyone was a sell-side liar stop sounding so glorious. And look at these yields: the 10-year Treasury yield jumped +7 basis points to 5.18% on September 24, 2026. The spread between the 2-year and 10-year is now 31 basis points, pushing that 10-year to its highest since July 6, 2007. That's right, a year and a half ago? We are living in an alternate universe where inflation is somehow winning against reality. Now read the seal: nine one four nine alpha delta nine six foxtrot zero delta bravo. Our pundits are ready; Dale Buckhorn says you can taste the winning while staring blankly at a media-only video. Good morning to all of you watching this before the open.