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Gamza Khanzadaev

Bloomberg Strategist Sees U.S. Treasuries Poised to Gain After Bitcoin Hits $100,000 and Gold Reaches $4,000

Bloomberg Intelligence strategist Mike McGlone expects U.S. Treasury bonds to attract capital inflows once Bitcoin and gold complete their current rallies. He views Bitcoin reaching $100,000 and gold approaching $4,000 per ounce as indicators of capital rotation rather than final peaks. Government debt may benefit after years of weakness driven by elevated Federal Reserve rates and quantitative tightening policies.
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