US 10-year Treasury yield holds near 5%
- —10-year yield: 5.00% on September 15, 5.01% on September 16, 4.94% on September 17
- —30-year yield is higher: 5.36%, 5.35% and 5.29% respectively
- —The Fed raised rates by 0.25 percentage points to 3.75–4.00% on September 16
- —Brent crude closed at $105.68 a barrel
Why it matters: Rising US Treasury yields increase the opportunity cost of holding Bitcoin and weigh on risk assets.
Source: TokenPost