Economic Fault Lines Are Now Rupturing. How Might Crypto React?

I wrote and published a “sky is falling” economic doomsday commentary in March of this year at a time when the yield on the benchmark US Treasury Note was trading at 2.65%. A little more than three months later, the US Treasury complex is inverted – usually a decent harbinger of economic troubles – and the yield on the benchmark 10-year is now at a whopping 2.06%. Even the long-dated 30-year Treasury bond is yielding 2.58%, less than 10-year paper fetched way back in March when the markets still believed Trump and Xi would get a trade deal done. The…
Source: Economic Fault Lines Are Now Rupturing. How Might Crypto React?

Leave a Reply

Your email address will not be published. Required fields are marked *

Tags: