Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.
Bitcoin and Wall Street's benchmark equity index, the S&P 500, appear on track to end the third quarter lower as a key metric shows the case for owning bonds over stocks and risk assets in general, is strongest since 2009.
The equity risk premium, the gap between the S&P 500’s earnings yield and the yield on the U.S. 10-year Treasury note, has declined to -0.58, the lowest since 2009, according to charting platform TradingView. The spread has averaged roughly 3.5 points since 2008.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
S&P 500: Buying Friday's Early Bounce Was Not a MistakeStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
Consulte Mais informação »
Mining Bitcoin Or Ethereum Can Be Daunting, Bitcoin Spark Ends Mining FearsThe decentralized platform has made an immense surge in market capitalization. This is pivoted by the entrance of various projects that seem eye-catching
Consulte Mais informação »
S&P 500, Dow Jones Forecast: Fed Rate Path Weighs on EquitiesThe Fed’s commitment to the ‘higher for longer’ narrative sent risk assets sharply lower as investors digest what this could mean for expensive US stocks
Consulte Mais informação »
Market seasonality is playing out almost perfectly as Wall Street feels discomfortThe S&P 500's now-6% decline from its cycle peak began almost too perfectly.
Consulte Mais informação »
US grid-scale energy storage installations hit new quarterly recordThe U.S. grid-scale energy storage installations hit a new record in the second quarter of 2023, a report by Wood Mackenzie and the American Clean Power Association (ACP) said.
Consulte Mais informação »