Ten-year Treasury yield daily close: 3.88%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atBitcoin and ether inched upward in Monday trading, countering equity markets that closed lower but remaining in the same narrow bands they've occupied for more than a week.
Ether was recently changing hands over its most recent support of $1,300, a more than 2% increase from the previous day. Most other major cryptos were largely in the green, with DOT and BSV recently up more than 6% and 5%, respectively. On Monday, yields for two-year U.S. Treasurys soared to 4.3%, reaching levels last seen in August of 2007. Ten-year notes topped 3.9%, their highest mark since 2010. An inverted yield curve suggests that investors are placing a higher degree of risk on short-term than longer-term lending, and historically has foreshadowed recessions that affect all risk assets. Cryptocurrencies typically move in the opposite direction of yields.
thesamreynolds JPRubin23 🚀Thankss a millon