#us10yeartreasuryyieldfallsto4.845%
🚨 The 10-year US Treasury yield falls to 4.845% — its lowest in 8 weeks! 🇺🇸📉
⚡ Key points:
• 📉 Falling yields: The 10-year yield has dropped about 52 basis points from its October peak of 5.365%, reaching an 8-week low around 4.84%–4.85%.
• 🏛️ Midterm election impact: The Democratic victory in the midterm elections has raised expectations of political gridlock, signaling a future slowdown in fiscal expansion and deficit spending.
• 📊 Yield curve movements: The 2-year yield fell to 4.546%, while the 30-year yield dropped to 5.229%, as rate expectations adjusted. • 🎯 Key technical support: The 4.80% level is worth watching closely — a sustained break below it could target the 4.60% zone.
• 🪙 Impact on cryptocurrencies: Falling yields ease financial conditions and improve sentiment toward Bitcoin and risk assets! 🚀
$SOXS
$APP
$LYN