It's the end.. Bitcoin at a million dollars and gold at 25 thousand
Concerns over U.S. debt caused global stock markets to stumble yesterday, and this issue is likely to remain a major concern for investors in the coming weeks.
It is worth noting that Moody's downgraded the U.S. debt rating last Friday after the trading close, which already raised concerns among investors, but had no significant impact on the markets.
However, the 10-year Treasury yield index began to rise yesterday and peaked at 4.61% on Wednesday, the highest level since February 13.
In addition to Moody's downgrade of the U.S. debt rating, this rise in U.S. yields also came in response to the weak success of the U.S. Treasury bond issuance, which is particularly concerning according to some observers, including Robert Kiyosaki, author of the best-selling book "Rich Dad Poor Dad."
In a post on X that began with the phrase "the end is here," Kiyosaki stated that "the Federal Reserve held an auction for U.S. bonds and no one showed up."
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