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The 10-year Treasury yield climbed 2.10bp to 4.8050% as of 4:00 a.m. KST on the 9th in New York trading, with the 2-year up 1.90bp to 4.3980% and the 30-year up 1.80bp to 5.2640%, while the 2s10s spread widened slightly from 40.50bp to 40.70bp. Middle East tension lifting crude prices is reviving inflation risk and capping bid interest for Treasuries, a bear-steepening mix that tightens discount rates on long-duration assets and typically supports the dollar against pressure on NASDAQ growth names and high-beta crypto such as BTC and ETH. Watch whether oil keeps rising and whether the 30-year holds above 5.26%; a sustained break higher would signal term-premium stress rather than a simple growth repricing, and would raise the bar for risk-asset inflows.
As a Macro signal, watch whether it changes price action, volatility, or flows around CL=F, BTC, IXIC.
Original Source: 토큰포스트
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