Long-Term Treasury Yields Stay Above 5% as Bitcoin Faces Pressure
Photo: TokenPost
Long-term U.S. Treasury yields stayed above 5% on Oct. 5 and Oct. 6, while bond-market volatility was elevated and Bitcoin declined in early October. The 10-year Treasury yield was 5.31% on Oct. 5 and 5.27% on Oct. 6. The 30-year yield was 5.66% and 5.64%, respectively, while the two-year yield was 4.84% on Oct. 5 and 4.79% on Oct. 6. The yields were based on market quotations collected at or near 3:30 p.m. ET (19:30 UTC). The ICE BofA MOVE Index, which measures expected volatility in U.S. fixed-income markets, was approximately 113.6 points in readings tied to Oct. 5-6.
Source: TokenPost
