Sam Price Points Out Decline in US Treasury Yields
According to Twitter user Sam Price, the yield on the US 10-year Treasury bond fell from 5.15% on Wednesday to about 5.04%, marking a one-month low and significantly lower than the peak of around 5.31% at the beginning of October. As oil prices rise and the stock market declines, funds are flowing into Treasury bonds, and a decrease in yields is generally favorable for risk assets. If yields continue to decline while Bitcoin remains in a range, it would be a situation that bulls hope for.
-- Price
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