
Mike McGlone|May 27, 2025 11:57
Bitcoin Selling When They're Yelling Risks May Favor Gold, Bonds - The questions remain the same, but the answers have changed. This might explain the dichotomy between Bloomberg Economics' and Intelligence's fair-value models and the elevated levels of Bitcoin and copper vs. gold. My bias is with the models, and the US Treasury long-bond yield approaching multidecade highs could suggest the limits of lofty risk assets.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/swx026dwrgg0 {BI COMD}
#gold #copper #bitcoin #bonds @BBGIntelligence
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