Live updates: Bitcoin slips back to $83,000 as bond yields surge to new cycle highs
The U.S. 10-year Treasury yield is sharply higher again, rising above 5.25% as oil jumps 3%
The relentless surge in Western bond yields is continuing in force on Monday, putting pressure on risk assets, crypto among them.
The U.S. 10-year Treasury yield is up 6.6 basis points mid-morning to 5.255%, a new near-20-year high. The 30-year yield is up 6.3 basis points to 5.565.
On the shorter end of the curve, the two-year yield is higher by 6.9 basis points to 4.933%, with traders now having priced in a 68.1% chance of a Fed rate hike at the next meeting on Oct. 28.
In a post on X, he said Chinese laundering groups working for the alleged North Korean attackers were "openly asking for support with orders in public Discord servers and Telegram channels" belonging to the services they use. He published handles and transaction records for five of the accounts.