The yield on the US two-year Treasury climbed to 4.2393%, reaching a 17-month high, according to a report cited by Jin10. At the same time, federal funds rate futures showed that the market was pricing in 39 basis points of rate hikes by December. The move highlights a shift in interest-rate expectations reflected in short-dated government debt and policy-linked futures. No other details were provided in the source report.
According to Jin10, the yield on the US two-year Treasury rose to 4.2393%, marking a 17-month high. Federal funds rate futures showed that markets expect 39 basis points of rate hikes by December.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
