Goldman Sachs Avoids 30-Year US Treasuries as Yield Hits 5.56%
- —30-year US Treasury yield climbed to 5.56%, a 52-week high
- —Goldman Sachs is steering clients away from buying long-dated Treasuries
- —The call came from Anshul Sehgal, global co-head of FICC at Goldman Sachs
Why it matters: Rising Treasury yields pressure bitcoin and risk assets by pulling capital into safer instruments.
Source: Coinotag