Bitcoin's new high, bonds go bananas, and Coinbase joins the S&P 500: Markets news roundup

The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance. Read more...

May 24, 2025 - 12:16
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Bitcoin's new high, bonds go bananas, and Coinbase joins the S&P 500: Markets news roundup

The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance.

Read more...