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Daily Journal archiveHowever, bond term premia – a measure of the extra yield investors require to compensate them for the risk of holding longer-term bonds – also appear to be rising out of a multi-year downtrend (from CrossBorder Capital via Twitter)…
Read articleMeanwhile, hedge funds and speculators – who tend to be wrong at extremes – currently hold record net short positions in Treasury futures (from Deutsche Bank Research via The Daily Shot)…
Read articleThe sharp rise in yields has created a great deal of uncertainty among market participants. On the one hand, asset managers are holding one of their largest net long positions in 10-Year Treasury futures in history (from Bloomberg)…
Read articleThe big story this month was the rise in longer-term Treasury yields (interest rates) following Fitch Ratings’ downgrade of the U.S. credit rating. The yield on 10-Year Treasury Notes – in both nominal and “real” (accounting for inflation) terms – hasn’t been this high since the Great Financial Crisis (from Charlie Bilello via Twitter)…
Read articleHistory suggests Bitcoin is likely to trade well into six figures before this cycle peaks (from ChartsBTC via Twitter on July 28)…
Read articleBig 4 accounting firm KPMG says Bitcoin meets the definition of an “ESG asset” (from Sam Callahan via Twitter on August 2)…
Read articleThe current Bitcoin bear market has already been worse than those of 2015 or 2018 (from Will Clemente via Twitter on August 3)…
Read articleAugust and September have historically been negative for Bitcoin (from Timothy Peterson via Twitter on August 7)…
Read articleEthereum’s “lowest price forward” is painting a bullish picture today (from Timothy Peterson via Twitter on August 9)…
Read articleMost Westerners don’t fully appreciate the value of Bitcoin today… but they likely will in the years ahead (from Sam Callahan via Twitter on August 12)…
Read articleBitcoin is even scarcer than you probably realize (from Bitcoin_apex via Twitter on August 13)…
Read articleThis is what drives Bitcoin’s “parabolic” rallies (from Joe Burnett via Twitter on August 14)…
Read article“On-chain” data show 75% of all Bitcoin in circulation is held by long-term holders (LTH). The last time this was the case was in late 2015, when Bitcoin went on to soar nearly 8,000% over the next two years (from Root via Twitter on August 14)…
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