On April 3, yields on long-term US government debt fell to their lowest levels in six months as investors reacted to growing concerns over the global trade war and the weakening of the US dollar. The yield on the 10-year Treasury note briefly touched 4.0%, down from 4.4% a week earlier, signaling strong demand from buyers.
US 10-year Treasury yield (left) vs. Bitcoin/USD (right). Source: TradingView / Cointelegraph
At first glance, a higher risk of economic recession may seem negative for…
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