China 2-year government bond bidding multiple rises to 2.63 from 2.6. Increased demand for US short-term bonds suggests rising risk aversion. Movements in the Treasury market often affect risk assets; cryptocurrencies like Bitcoin may face pressure. #宏观经济 #市场风向 $BTC

US 2-year Treasury auction bid coverage rises to 2.63 from 2.6. Increased demand for short-term US bonds suggests rising risk aversion. Treasury market movements often impact risk assets, with cryptocurrencies like Bitcoin potentially facing pressure. #MacroMarkets #MarketSentiment $BTC