What the 10-year Treasury yield means for crypto yields and stablecoins

The 10-year Treasury yield is the return investors earn on US government bonds with a 10-year maturity. Also, it serves as a reference for global interest rates.

The 10-year Treasury yield is the interest rate that the US government pays to borrow money for 10 years.

When the government needs cash, it issues bonds called Treasury notes, and the 10-year note is one of the most watched. The “yield” is the annual return you’d get if you bought that bond and held it until it matures. It’s expressed as a percentage, like 4% or 5%.

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