Tag: 10Year

10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report

The 10-year Treasury yield was up 1 basis point in anticipation of the Fed’s next move regarding inflation.  The yield on the US 10-year Treasury note was marginally higher on Friday, December 23rd, as investors await critical inflation data. The markets are paying close attention to a key inflation metric for clues to the Federal Reserve’s next interest rate move. According to reports, the 10-year Treasury yield climbed by a basis point to 3.6856%. Meanwhile, the yield on the 2-year Treasury note remained unchanged at 4.2636% as of press time.…

Microsoft Offers Sony 10-Year Deal to Share Call of Duty Game with PlayStation

Microsoft has proffered a deal to Sony for COD to be available on PlayStation for 10 years upon completion of the Activision acquisition.  Microsoft (NASDAQ: MSFT) has reportedly offered Sony (TYO: 6758) a provisional 10-year deal regarding Call of Duty’s licensing rights on the PlayStation console. Should Microsoft’s massive Activision deal go through, the American tech giant is willing to make Activision’s Call of Duty available on PlayStation alongside Xbox. According to Microsoft’s President Brad Smith, the deal offered to Sony to share each new Call of Duty release spans 10 years. Furthermore, the Washington-based tech corporation…

More ancient Bitcoins leave from its wallet after 10-year hibernation

Bitcoin (BTC) is seeing some of its oldest coins come back to life after a decade lying dormant. The latest on-chain data reveals that two-year BTC price lows have reawakened the most ancient part of the supply. “Very old” bitcoins come back to life As BTC/USD returns to levels not seen since Q4 2020, questions are arising over how long-term holders will respond. The on-chain picture is mixed — the dormant supply is aging, but certain old hands are showing signs of wanting to sell at current prices. The latest…

Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high

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Bitcoin (BTC) and Ethereum’s native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England. Bitcoin price fails to hold $20,000 On Sept. 19, BTC’s price failed to regain the $20,000 psychological support zone. The BTC/USD pair slipped by 6.5% to around $18,250, while ETH dropped 4% to approximately $1,280. Their gloomy performance came as a part of a broader decline that started in mid-August, wherein BTC…

Bitcoin’s Price Bounce Stalls as 10-Year Yield Hits 32-Month High

CryptoX – Cryptocurrency Analysis and News Portal “While not on the scale of the China bitcoin mining ban, the implication for the price of BTC and other crypto assets which follow on price, could be significant in the next few days. The crypto asset market has been buffeted by events, and this could lead to another tough trading period if the legislation passes,” Peters added. Source The post Bitcoin’s Price Bounce Stalls as 10-Year Yield Hits 32-Month High appeared first on CryptoX. CryptoX Portal