§1 — Lede
🟡 A broadly risk-off session with cross-asset pressure masked by sharp dispersion across reference portfolios and sub-sector rotation.
§2 — Cross-asset regime
Gold $411.50 -1.66% · Bitcoin $76,564 -0.24% · TLT $83.02 -0.65%
GLD −1.66%, TLT −0.65%, and BTC −0.24% moved in tandem to the downside, a rare triple-leg decline that compresses the usual …
