Market Analysis
Treasury Yields Drop as Jobless Claims Grow Faster than Expected
Initial job claims rose faster-than-anticipated in the week ended Nov. 11, underscoring a slowdown in the US labor market. Treasury yields fell on the report.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
The net short position in 10-year Treasury futures hit an all-time high last week as hedge funds stay bearish on the 10y yield.
Initial job claims rose faster-than-anticipated in the week ended Nov. 11, underscoring a slowdown in the US labor market. Treasury yields fell on the report.
Tokenized treasury bonds seem to be one of the next big things for the blockchain.
DigiFT, Singapore-based DEX, launched the first fully-regulated on-chain US Treasury token, DUST.
OndoFinance introduced the first-ever tokenized note backed by T-Bills and bank deposits, with a starting annual percentage yield of 5%.
OpenEden's new platform for tokenized US T-Bills represents an exciting opportunity for investors looking for lower-risk options in DeFi.