📉 U.S. 10-YEAR YIELD HITS 5.34%—HIGHEST SINCE 2002—as Treasury buys back $6B in bonds. Investors offered $46.4B; only $6B accepted.
Rising yields boost risk-free returns, pressuring risk assets like Bitcoin. Yet BTC holds near $80,000 despite the macro headwind.
Note: This buyback is **not** QE. The Treasury is managing debt and liquidity—not printing money like the Fed.
Bitcoin now tests resilience amid soaring U.S. yields and elevated capital costs. Institutional interest grows, but macro conditions remain tough.
#Bitcoin #Markets #Macro
Crypto Edge
Rising yields boost risk-free returns, pressuring risk assets like Bitcoin. Yet BTC holds near $80,000 despite the macro headwind.
Note: This buyback is **not** QE. The Treasury is managing debt and liquidity—not printing money like the Fed.
Bitcoin now tests resilience amid soaring U.S. yields and elevated capital costs. Institutional interest grows, but macro conditions remain tough.
#Bitcoin #Markets #Macro
Crypto Edge