Bitcoin
US 30-Year Treasury Yield Hits 18-Year High as Fed Holds Rates Steady
The 30-year Treasury yield climbed past 5.20%, its highest point since 2007, while the Federal Reserve maintained its policy rate despite internal disagreement.
The 30-year US Treasury yield surged above 5.20%, reaching its highest level since 2007. The Federal Reserve kept its benchmark rate unchanged at 3.50% to 3.75%, though three committee members dissented in favor of a rate increase.
Meanwhile, serious delinquencies on credit cards have risen to their highest level since 2010, driven by mounting consumer costs.
Crypto markets showed limited reaction to the news. Bitcoin dipped initially but recovered, suggesting contained spillover from traditional financial markets into digital assets.
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