ME News reports that on July 31 (UTC+8), Federal Reserve officials Logan and Harker defended their previous stance in favor of a 25-basis-point rate hike, pushing market expectations higher for further monetary tightening in the near term and driving U.S. Treasury yields across the curve upward, intensifying selling pressure. The yield on the 10-year U.S. Treasury rose to 4.737%, reaching its highest intraday level since January 2025. As investors increase bets on interest rates remaining elevated or rising further, U.S. Treasury prices continue to face downward pressure. (Source: BlockBeats)
Fed officials defend their rate hike stance as the 10-year Treasury yield reaches 4.737%.
KuCoinFlashShare
Summary
Fed news emerged as officials Logan and Harker supported a 25-basis-point rate hike, reinforcing support for tighter monetary policy. The move pushed Treasury yields higher across the board, with the 10-year yield reaching 4.737%, the highest intraday level since January 2025. Investors are now pricing in prolonged higher rates, fueling a stronger bond sell-off.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.