🔥 U.S. Treasury 10-year yields surged to 5.34% intraday, the highest since 2002. Despite $BTC , it still holds around 84,000
⚡ The 30-year peak hit 5.69%. The UK 30-year gilt yield touched 6% for the first time since 1998
⏰ After yields pulled back, tonight’s 20:30 Non-Farm Payrolls is the next checkpoint, and $ETH $SOL is also waiting
📍 Latest data
· The 10-year yield rose to 5.34% intraday; closed around 5.24%. The 30-year hit a high of 5.69%, the highest level in 24 years
· The 2-year yield fell to about 4.79%. The spread between the 10-year and 2-year is about 0.45 percentage points. Traders have cut the odds of a rate hike in October to around 26% (CNN) (finimize)
📊 Interpretation
1️⃣ The U.S. economy is relatively strong; plus oil prices are pushing up inflation. Long-term bonds were sold off, and France’s 10-year government bond yield also climbed to the highest since 2002
2️⃣ Higher yields raise the opportunity cost of holding BTC—this is the main headwind for BTC this year (CNN)
🎯 What to watch: If Non-Farm comes in above expectations and yields surge again, crypto markets will face pressure; if it misses expectations and yields fall back, risk assets can catch their breath
Yields hit new highs again—will BTC hold up or pull back? Let’s chat in the comments
#美债 #以太坊基金会主网推出zkAPI #非农
⚡ The 30-year peak hit 5.69%. The UK 30-year gilt yield touched 6% for the first time since 1998
⏰ After yields pulled back, tonight’s 20:30 Non-Farm Payrolls is the next checkpoint, and $ETH $SOL is also waiting
📍 Latest data
· The 10-year yield rose to 5.34% intraday; closed around 5.24%. The 30-year hit a high of 5.69%, the highest level in 24 years
· The 2-year yield fell to about 4.79%. The spread between the 10-year and 2-year is about 0.45 percentage points. Traders have cut the odds of a rate hike in October to around 26% (CNN) (finimize)
📊 Interpretation
1️⃣ The U.S. economy is relatively strong; plus oil prices are pushing up inflation. Long-term bonds were sold off, and France’s 10-year government bond yield also climbed to the highest since 2002
2️⃣ Higher yields raise the opportunity cost of holding BTC—this is the main headwind for BTC this year (CNN)
🎯 What to watch: If Non-Farm comes in above expectations and yields surge again, crypto markets will face pressure; if it misses expectations and yields fall back, risk assets can catch their breath
Yields hit new highs again—will BTC hold up or pull back? Let’s chat in the comments
#美债 #以太坊基金会主网推出zkAPI #非农