US 10-year Treasury yield hits 5.234%, highest since mid-2007
- —US 10-year Treasury yield reached 5.234%, the highest since mid-2007
- —30-year yield rose to 5.542%, the highest since 2004
- —Rising yields push up long-term borrowing costs for governments, firms and consumers
Why it matters: Higher yields have previously sapped bitcoin's momentum; further tightening of financial conditions could weigh on risk assets.
Source: ChainCatcher 链捕手