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Trader Peter Brandt Predicts 30-Year US Treasury Yield Could Reach 7%
(3 hours ago) · 1 source · Summarized by CryptoBipto
Veteran trader Peter Brandt has shared his view that the US 30-year Treasury bond yield could rise to 7%, raising questions about the potential effects on Bitcoin and stock markets. The prediction is based on his technical analysis of long-term bond yield charts. No timeline for such a move has been specified.
WHY IT MATTERS
Treasury bond yields are like the interest rate the US government pays when it borrows money for long periods.
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SOURCES
- beincrypto.com
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