Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
Federal Reserve Official Sticks to Rate Hike Stance, U.S. Treasury Sell-Off Intensifies, 10-Year Treasury Yield Rises to 4.737%
  • US0%

BlockBeats News, July 31st, Federal Reserve officials Logan and Hammock both defended their previous support for a 25-basis-point rate hike, boosting the market's expectation of further monetary policy tightening in the near term. US Treasury yields rose across the board, intensifying selling pressure.

In particular, the yield on the 10-year US Treasury note rose to 4.737%, reaching the highest intraday level since January 2025. As investors increased their bets on interest rates staying high or rising further, US bond prices continued to be under pressure.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change