As Congress debates crypto market structure legislation, one issue has emerged as especially contentious: whether stablecoins should be allowed to pay yield. On one side, you have banks fighting to protect their traditional hold over consumer deposits that underpin much of the U.S. economy’s credit system. On the other side, crypto industry players are seeking […]
In a piece of bad news for crypto bulls, analysts at Dutch bank ING highlighted the breakout potential in the 10-year U.S. Treasury yield, currently 4.09%, consistent with CoinDesk’s outlook. The yield has shown resilience, holding above 4% despite several soft economic readings, including Wednesday’s negative ADP employment report for November, which marked the third […]
The U.K.’s fragile fiscal situation is back in focus as yields on long-term government bonds surged, topping their U.S. counterparts for the first time this century. The 30-year U.K. government bond offered a yield of 5.61% at press time. That’s 68 basis points more than the 30-year U.S. Treasury yield according to data source TradingView. […]
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, […]
As of Wednesday morning, the yield on the UK’s 30-year government bond soared to 5.6%—its highest level since 1998—mirroring a broader climb in U.S. sovereign yields and sparking fresh concerns about financial market stability. Surging global bond yields are exerting significant downward pressure on risk assets. Since the U.S. equity sell-off began last Thursday, the […]