Binance Research: Layer 2 tokens up 32%, RWA up 29% as US real yield hits 2.95%
- —US 10-year real yield rose to 2.95%, the highest since 2008
- —10-year Treasury yields are up 47bp since Aug. 31, with 43bp from real rates
- —Layer 2 tokens gained 32%, while RWA and AI tokens rose about 29%
- —BTC added 9.3% and ETH 2.7%; memecoins and payment tokens lagged
Why it matters: Elevated real yields weigh on risk assets; Binance Research flags CPI, long-dated Treasury yields and bitcoin ETF flows as key gauges.
Source: TokenPost