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U.S. Treasury 2-Year Yield Rises 6 Basis Points to 3.91%

The move points to higher short-term government borrowing costs, a closely watched macro signal for risk assets including cryptocurrencies.

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Terms & Concepts
  • Basis point: A unit equal to one-hundredth of a percentage point, commonly used to describe changes in yields and interest rates.
  • Treasury yield: The return investors earn on U.S. government debt, often used as a benchmark for broader financial market conditions.