The global yield crisis is accelerating:
10+ year government bond yields of G7 countries are up to ~4.7%, the highest since 2004.
This is now ~0.5 percentage points above the 2008 Financial Crisis peak.
G7 bond yields are also 8 TIMES above the 2020 pandemic low of ~0.5%.
The surge comes amid renewed inflationary pressures from rising energy prices, persistently large government deficits, and the end of central bank QE programs.
As a result, investors are demanding higher compensation for holding long-term government debt.
The global government debt crisis is becoming even more expensive.
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🏛️ SEC classifies 16 tokens as digital commodities, including $XRP, $DOGE, $SOL, $ADA, $ETH & more
💳 @Mastercard moves deeper into crypto, eyeing a $1.8B acquisition of stablecoin infra firm BVNK
🇻🇳 Vietnam moves to launch licensed crypto exchanges, tightening offshore flows
Behind every oil price move is a global story. 🛢️
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This #InternationalWomensDay, we're opening the floor.
Women from the BingX team are hosting an AMA to talk about careers, challenges and the power of #GiveToGain.
🗓 Mar 7 | 2PM UTC
⏰ Set your reminder: https://t.co/MiHXwDdl9h
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#BingXBuzz 🚨
🇰🇷 South Korea passes bills to formalize and regulate tokenized securities
🏛 @WhiteHouse to hold a second Feb 10 meeting on stablecoin yield with crypto & banking reps
👤 Anonymous wallet sends 2.565 BTC (~$181K) to Satoshi's Genesis address
Who said you can't teach old assets like gold and oil some new blockchain tricks? 😎
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