SignalPlus Macro Research Report (20240118): Risk aversion sentiment spreads in financial markets, cryptocurrency market volatility decreases
Yesterday, led by Europe and the UK, the asset market finally significantly adjusted its expectations for easing policies. First, the UK's inflation data unexpectedly rose for the first time in 10 months, causing the 5-year UK government bond yield to jump by 23 basis points. In terms of cryptocurrency, according to Bloomberg's estimates, GBTC saw outflows of about $1.2 billion in 3 days.