Mid-Week Risk Check: Fresh Prices, Updated Stops
Condensed pulse on volatility, yields, flows, and positioning—your mid-week reality check before quarter-end churn
MID-WEEK RISK CHECK · Wed 25 June 2025
Macro snapshot
The June 17-18 FOMC meeting minutes will be released on Wednesday, July 9 at 14:00 ET; today’s focus is quarter-end positioning.
The 10-yr yield slipped to 4.32% on safe-haven flows, while the dollar eased to DXY 97.9.
Vol cooled (VIX 17.36) as some hedges came off ahead of Friday’s OPEX.
Flows keep favoring networking gear, power-silicon, and cyber-security; on-chain money remains parked in AI-compute / liquid-staking names ahead of next week’s fork and unlock calendar.
Risk Gauge (vs. last Wednesday)
VIX 17.36 (-3.2)
DXY 97.9 (-1.5)
10-yr 4.32% (-6 bp)
BTC funding +0.010% (+0.002)
Read-through: lower yields and fading vol, but stay tactical—quarter-end flows can still whipsaw thin books.