Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday.
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Government debt costs leaped higher Wednesday, the product of multiple factors.
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WorldPingBitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs.
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U.S. bond yields are little changed early Thursday after yesterday's surge higher sent risk markets sharply lower.
Brief by WorldPing · Original reporting by CoinDesk
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