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47 Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price

CoinDesk
Omkar Godbole @ CoinDesk 2 place · today 02:31 EDT

Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price

Hawkish dissent within the Federal Reserve, elevated oil prices and rising long-term inflation expectations are pushing bond yields higher.

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