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Goldman's Bullish Stance on 'Real Bond Yield' Spells Bad News for Crypto

Real yields turned positive early early this year, removing the punch bowl that lubricated the party in risky assets, including cryptocurrencies.

Updated May 11, 2023, 4:39 p.m. Published Sep 19, 2022, 12:33 p.m.
Bitcoin and U.S. 10-year inflation-indexed bond yield (TradingView)
Bitcoin and U.S. 10-year inflation-indexed bond yield (TradingView)