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

Traders of risk assets, including bitcoin, might be wrong to conclude that inflation in the U.S. has peaked, the bond market activity suggests.

Updated May 11, 2023, 6:44 p.m. Published Aug 12, 2022, 12:42 p.m.
Bond markets question the bullish crypto market narrative concerning inflation. (geralt/Pixabay, modified by CoinDesk)
Bond markets question the bullish crypto market narrative concerning inflation. (geralt/Pixabay, modified by CoinDesk)