CryptoBearishCrypto Briefing · Jun 187/10
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US government sells $24B in 5-year TIPS auction with nearly 2% yield
The U.S. Treasury sold $24 billion in 5-year TIPS (Treasury Inflation-Protected Securities) with a yield near 2%, signaling rising real returns on government bonds. This development could redirect investor capital from speculative assets like cryptocurrency toward safer, yield-bearing securities, potentially weakening crypto's traditional appeal as an inflation hedge.
