Entering a long position in the bitcoin market is wise if the yields on U.S. Treasury bonds fall, according to Qiao Wang, the director of product at Messari. The statement appears as the benchmark U.S. 10Y bond’s forward earning yield treads near zero. Bitcoin expects to give higher returns as possessing long bonds becomes less profitable. At current prices, the yield on the U.S. 10-year Treasury bond is too insufficient to justify a decade-long investment. […]
