From Yahoo Finance: 2025-06-06 18:30:00

Bond buyers are on strike, leaving BlackRock struggling as long-dated sovereign bonds face a lack of demand. Global yields for bonds with 20-year-plus maturities are at 2008 levels due to under-subscribed auctions in several countries. Institutional giants like BlackRock and DoubleLine Capital are avoiding ultra-long Treasuries, citing a mushrooming federal deficit. The sell-off is driven by excessive government debt issuance, raising fears of rising yields. This shift away from traditional bonds is causing ripples in the crypto world, with Bitcoin seeing fluctuations around $102,963.79. Some institutions may consider Bitcoin as a diversification tool amid the bond market turmoil.



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