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Crypto experts weigh in on impact of rising US Treasury yields

From kitco.com

Amid deteriorating global economic conditions and despite a last-minute debt deal that prevented a shutdown of the U.S. government for at least 45 days, the yield on the U.S. 10-year Treasury note climbed above 4.765% for the first time since August 13, 2007 on Tuesday. While rising yields are often a sign that the economy is growing strong and investors are more willing to take on risk and less interested in holding safe-haven assets like T-bills, the latest bout of higher yields is partially driven by bond sales by the Federal Reserve to fund U.S. government expenses, and investors are starting to demand a better ... (full story)

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  • Category: Fundamental Analysis