AFR covered the jump in bond yields - some good quotes in the article as I highlight below. If the spike in yields continues it could be very good for POG as it shows investors are losing faith in the US bond market. If investors lose faith in US bonds then investors only have the option of cash or gold- not crypto as it is going down. S&P 500 futures was just down about 2%. European markets down 4% .
Tonight may be a very interesting and volatile time in bond, crypto market and stock markets. Bitcoin close to $US70k (currently close to $US75k) will causes big problems in that market as a company like micro strategy will be close to insolvency and if it goes under make sure you don’t own any crypto as it may plummet.
AFR covered the jump in bond yields - some good quotes in the...
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Last
$2.27 |
Change
0.060(2.71%) |
Mkt cap ! $2.909B | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.27 | $2.20 | $7.331M | 3.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 403 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 77805 | 7 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| SPR (ASX) Chart |