๐บ๐ธ U.S. BOND YIELDS HIT THEIR HIGHEST LEVEL IN MORE THAN 25 YEARS
The U.S. has just issued $22 billion in 30-year government bonds at a yield of 5.618% โ the highest since August 2000. Meanwhile, the 10-year bond yield also rose to 5.3%, its highest level since November 2000.
๐ Key points:
- 30-year bonds: yield of 5.618%.
- 10-year bonds: yield of 5.3%.
- The bid-to-cover ratio for the 30-year bonds reached 2.54 times the amount offered, indicating that demand remains relatively strong.
Notably, the U.S. governmentโs long-term borrowing costs are rising sharply, even as investors continue to buy bonds at higher yields. The market is weighing attractive returns against risks related to inflation, budget deficits, and the growing amount of public debt.
For crypto markets, rising bond yields could put additional pressure on BTC and other risk assets, as capital has more investment options offering relatively attractive returns. However, this does not mean Bitcoin will definitely fall; movements in the U.S. dollar, liquidity, and inflows into the market remain factors to watch.
Going forward, if yields remain elevated, investors may become more cautious about risk assets. This will be an important macroeconomic variable for the crypto market.
๐ TRADE HOT COINS HERE ๐
$KAIA
$MAGIC
$STRK
The U.S. has just issued $22 billion in 30-year government bonds at a yield of 5.618% โ the highest since August 2000. Meanwhile, the 10-year bond yield also rose to 5.3%, its highest level since November 2000.
๐ Key points:
- 30-year bonds: yield of 5.618%.
- 10-year bonds: yield of 5.3%.
- The bid-to-cover ratio for the 30-year bonds reached 2.54 times the amount offered, indicating that demand remains relatively strong.
Notably, the U.S. governmentโs long-term borrowing costs are rising sharply, even as investors continue to buy bonds at higher yields. The market is weighing attractive returns against risks related to inflation, budget deficits, and the growing amount of public debt.
For crypto markets, rising bond yields could put additional pressure on BTC and other risk assets, as capital has more investment options offering relatively attractive returns. However, this does not mean Bitcoin will definitely fall; movements in the U.S. dollar, liquidity, and inflows into the market remain factors to watch.
Going forward, if yields remain elevated, investors may become more cautious about risk assets. This will be an important macroeconomic variable for the crypto market.
๐ TRADE HOT COINS HERE ๐
$KAIA
$MAGIC
$STRK