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Higher Treasury yieldsMarketWatch
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82% Informative
Long-term Treasury yields are getting less attention, but may be an important piece of the puzzle.
Yields, which move opposite to debt prices, have retreated significantly since mid-November .
The yield on the 10-year note has now fallen for three straight weeks , ending Friday at 4.15% , its lowest since Oct. 18 .
It’s difficult to make much of a direct relationship between bitcoin and stocks, said Zaccarelli , but the move above $100,000 is “just indicative of an overall risk-on environment,” he said. “It’s an indicator of animal spirits and a willingness to speculate.”.
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