Bloomberg analysts: 30-year U.S. bond yields exceed 5%, which may indicate resistance to highly speculative cryptocurrencies
Crypto 7x24
2025-05-20 22:16:24
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According to online reports, Bloomberg senior analyst Mike McGlone posted on social media that the yield on the 30-year U.S. Treasury note exceeding 5% may indicate that investors are selling U.S. assets, a trend that may put resistance on stocks and highly speculative cryptocurrencies. At the same time, it is good for gold.
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