Macro· ★★★· neutral·

US Treasury May Cut Long-Dated Bond Sales in Shift That Could Hit Crypto

  • —Citigroup sees 20- and 30-year auctions cut by $3 billion each
  • —10-year Treasury yield reached 5.24%, 30-year hit 5.60%
  • —US national debt topped $40 trillion, with about $1.1 trillion in annual interest
  • —Bitcoin trades near $84,030, up 1.2% in 24 hours
Why it matters: Rising Treasury yields weigh on risk assets including bitcoin; a Treasury pivot to shorter maturities could shift rate dynamics.
#BTC
Source: BeInCrypto CN
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