Analysts: The US election could trigger a bond market crash, with repercussions for assets such as bitcoin
2024-10-23 14:08:21
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Analysts at Presto, the trading and financial services firm, said the US election could trigger a meltdown in the bond market, with implications for other assets such as bitcoin. Presto analysts Peter Chung and Min Jung issued the warning following a CNBC interview on Tuesday with prominent investor Paul Tudor Jones, in which Jones said he was bullish on bitcoin, gold, commodities and Nasdaq stocks in the current risk environment.
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