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Bitcoinist
2019-06-21 12:00:07

Bitcoin Correlation With US 10-Year Treasury Suggests Hedging Use

Bitcoin closely tracks inverted US 10-year Treasury (UST10Y) performance, new data reveals, leading to fresh suggestions of its use as a hedging asset. Bitcoin The Bond Hedge A chart published on social media by Stock Board Asset founder and CEO, Alastair Williamson, delivers a curious new trend for Bitcoin price . A 10-year Treasury reading reflects how much in terms of returns investors require to leave their cash for a 10-year period. Correlation between theRead MoreThe post Bitcoin Correlation With US 10-Year Treasury Suggests Hedging Use appeared first on Bitcoinist.com.