Bitcoin Is The Safe Asset With Consumer Price Index At 8.5%

Read Time:2 Minute, 46 Second


The beneath is from a current version of Bitcoin Journal Professional, Bitcoin Journal’s premium markets publication. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

Inflation Versus 10-12 months Treasury Yields

We just lately acquired america Bureau of Labor Statistics inflation information for the month of March, which got here in at a crimson scorching 8.56% year-over-year (marginally above the 8.4% consensus). As what appears to be in direct response to increased inflation and destructive actual yields, treasury markets proceed to unload with the 10-year rising to over 2.7%, up from 1.5% in the beginning of the yr.

Collectively, the rising inflation price and the 10-year treasury yields create what we expect is a very powerful macroeconomic chart proper now. We proceed to see a interval of monetary repression play out as inflation is magnitudes above bond yields, which produces assured losses for traders who depend on these risk-free charges.



Source link

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published.