The 2-year US Treasury auction showed weak demand on Tuesday, with the high yield at 3.936% and the bid-to-cover ratio falling to 2.44 from 2.63 in February. Primary dealers took a larger share of the 69 billion USD sale, signalling investors want higher compensation as inflation concerns rise amid the Middle East conflict and elevated oil prices. https://cryptoslate.com/safe-2-year-treasury-starting-to-crack/ #Blockchain #Crypto #Macro #Treasury
As Bitcoin weakens even 'safe' investments like the 2-year Treasury are starting to crack

A weak 2-year Treasury auction is raising fresh concerns about inflation, oil prices, Fed rate cuts, and what comes next for the US economy.

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