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Grant Cardone, CEO / Founder at Cardone Enterprises and Cardone Capital, highlights that the last time the 10 year yield reached similar levels was in April 2007.
Cardone notes that by October of that year, the yield had fallen sharply to 2.2 percent.
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Cardone recently revealed that Cardone Capital acquired 40 BTC at $76,500 to address a price and replacement gap in its asset approach, according to previous disclosures. He also announced the sale of a 2024 Global 7500 jet for $80 million, citing current U.S. restrictions on Bombardier sales in a separate update. These moves follow his continued commentary on market yields and capital strategy.