Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak

41 minutes ago · 7:18 AM Omkar Godbole Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email U.S. 10-year yield hits seven-week high The yield on the U.S. 10-year Treasury note has steadied near the seven-week high of 4.60% reached Wednesday. The benchmark yield has jumped by over 10 basis points this month, even though Fed Chairman Kevin Warsh noted a moderation in inflation risks right at the start of the month. Further, Friday's nonfarm payrolls data revealed labor market softness. A continued hardening of the bond yield may pose headwind to risk assets, including cryptocurrencies.