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Bitcoin $24K Breakout Elusive as Treasury Yields Balk at Peak Inflation Narrative

Press Release by Press Release
August 12, 2022
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Bitcoin $24K Breakout Elusive as Treasury Yields Balk at Peak Inflation Narrative
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Some observers foresee a continued rise in bond yields. “Interestingly, we have seen a ‘peak’ inflation narrative, and despite a miss on CPI and PPI, we are now seeing rates rise,” Michael Kramer, founder of Mott Capital Management, wrote in a market update published Thursday.



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Tags: 24KBalkBitcoinbreakoutElusiveInflationNarrativePeaktreasuryYields
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