Beyond the Casino – Week In Review

Bitcoin is roughly flat in the past seven days , while U.S. equities have been mixed, with the Dow up about 1.8%, the S&P 500 down about 0.5%, and the Nasdaq down about 2.3%. Treasury yields sank on Thursday. Have bond yields finally topped? The Economist cover might’ve top-ticked it. Chilean pension funds suffered heavy losses betting against rising U.S. yields, Ram Ahluwalia believes rate-sensitive assets are in a capitulation phase, which is another way of saying bond prices are at or near the bottom and yields are at or near the peak. Another wrinkle to this U.S.

Source: Bitcoin.com News