US 5-year Treasury notes auctioned at 4.200% yield with a 2.35 bid-to-cover ratio. Here's what rising fixed-income returns mean for crypto investors.

Overall, this was a rather disappointing auction, and one which pushed yields fractionally higher from the lows of the day, although considering the big slide in the 10Y from…

US 5-year Treasury notes auctioned at 4.200% yield with a 2.35 bid-to-cover ratio. Here's what rising fixed-income returns mean for crypto investors.