The yield on the 10-year U.S. Treasury note has climbed to 4.8102%, the highest level since the end of 2023.
1 hours ago
According to Bitget market data, the U.S. 10-year Treasury yield has climbed to 4.8102%, its highest level since the end of 2023. Following the escalation of U.S.-Iran tensions and Strait of Hormuz risks that lifted oil prices, the market viewed the shock as inflation rather than a safe-haven event, triggering a sell-off in U.S. Treasuries. Combined with recent hawkish remarks from Fed official Christopher Waller, expectations of a September interest rate hike have risen sharply, pushing up global discount rates and financing costs.
A whale bullish on 45,000 ETH is now sitting on an unrealized loss of $4.1 million, with its total holdings valued at $107 million.
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Spot gold dipped to $4,300 per ounce, down 0.67% on the day.
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A crypto whale with a bullish position of 45,000 Ethereum (ETH) has an unrealized loss of $4.1 million, and its total holdings stand at $107 million.
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