Bitcoin Faces Pressure as US 30-Year TIPS Yields Near 3%

Bitcoin (BTC) is facing one of its most consequential macro stress tests in its 17-year history as a surge in long-dated U.S. inflation-protected bond yields increases the appeal of government-backed, inflation-beating returns—challenging the narrative that non-yielding assets are the best hedge in an uncertain world.

According to CoinDesk’s Daybook dated July 23, TreasuryBonds.com reported that the real yield on 30-year U.S. Treasury Inflation-Protected Securities (TIPS) is approaching 3%, a level not seen in roughly 17 years. The focus for markets is the ‘real yield’—the inflation-adjusted…  Read more

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