Mike McGlone
Mike McGlone|Jun 22, 2025 15:10
May 22 Bitcoin, T-Bond Yield Peaks Gaining Distance - A top force that appears to be underpinning Bitcoin's same-chart status with T-bond yields is the elevated US stock market. Treasury yields nearing multidecade highs on May 22 may have signaled an approaching end of the American wealth-creation cycle that's been propped up by persistent deficit spending. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sxdo28dwlu68 {BI COMD} #gold #bitcoin #stockmarket @BBGIntelligence
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