The 10-year Treasury yield just jumped another 3 bps to 5.13% its highest level since 2007.
And this comes after a staggering +16 bps move on Wednesday, marking one of the biggest single-day jumps in years.
If this momentum continues, the 10-year could soon reach levels not seen since 2002.
So what exactly is driving this move and what could it mean for stocks, bonds, the dollar, and the broader economy?
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We have made the following arrangements for withdrawals: BTC at 4 PM on Monday, ETH at 4 PM on Tuesday, USDT at 4 PM on Wednesday, and all coin types and fiat currency deposits/withdrawals at 4 PM on Friday, etc.
We will ensure that users can withdraw funds in an orderly manner in a sufficiently secure environment. Thank you all for your patient waiting. Please forgive us, but because the theft methods differ (this incident involves multiple non-EVM chains and 10 coin types), in order to absolutely eliminate all potential risks, our handling approach is also different from Bybit's last year.
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From bitget
We will ensure that users can withdraw funds in an orderly manner in a sufficiently secure environment. Thank you all for your patient waiting. Please forgive us, but because the theft methods differ (this incident involves multiple non-EVM chains and 10 coin types), in order to absolutely eliminate all potential risks, our handling approach is also different from Bybit's last year.
—
From bitget
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