Why is the ZN 10-year treasury considered an important indicator for crypto investors?

1 answers

• Dec 27, 2021 · 3 years ago
  The ZN 10-year treasury yield is an important indicator for crypto investors because it helps them assess the overall market sentiment and potential risks. When the ZN 10-year treasury yield increases, it suggests that investors have a positive outlook on the economy and are more willing to invest in traditional assets. This can lead to a decrease in demand for cryptocurrencies as investors shift their focus. Conversely, when the ZN 10-year treasury yield decreases, it may indicate economic uncertainty or a flight to safety, which can increase the demand for cryptocurrencies as investors seek alternative investments. By monitoring the ZN 10-year treasury yield, crypto investors can gain insights into the broader market trends and adjust their investment strategies accordingly.
  787394