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11:38
US-Iran Conflict Raises Inflation Expectations and US Bond Yields, Potentially Adding Billions of Dollars to US Debt Interest Payments
BlockBeats News, May 24th. According to the Financial Times, as the US-Iran conflict continues to drive up oil prices and inflation expectations, US Treasury yields have risen to their highest level since 2007, potentially requiring American taxpayers to bear billions of dollars in additional interest expenses. Data shows that the US 10-year Treasury yield has now risen to 4.58%, above the 4.13% baseline level previously predicted by the Congressional Budget Office (CBO); the 30-year US bond yield has also reached a new high since 2007. If the current yield levels persist until the end of this fiscal year, the US fiscal interest payments will increase by an additional $8 billion; if they persist throughout the entire 2027 fiscal year, the additional interest cost will exceed $30 billion. The market is concerned that rising oil prices and expanding budget deficits will further boost inflation and intensify US bond sell-offs. Some Wall Street investors believe that the Federal Reserve's current response to inflation risks is inadequate, with the "bond vigilantes" now regaining dominance in the market. In addition, as long-term interest rates rise rapidly, US mortgage rates are also climbing, prompting discussions in the market about the Treasury increasing the issuance of ultra-short-term debt or the Fed restarting similar "Operation Twist" interventions.
11:31
Odaily Evening News
1. The next round of US-Iran talks may be held on June 5; 2. Trump reiterated that he will not agree to any final deal unless Iran's nuclear program is completely dismantled; 3. Iranian media disclosed a potential memorandum of understanding: dual-deadline negotiations, lifting of oil sanctions, Lebanon ceasefire; 4. The Cosmos ecosystem Evmos network has been shut down, and both the block explorer and official website are inaccessible; 5. Bankr developer: plans to launch Bankr Fund to invest in ecosystem projects; 6. Iranian sources: the related memorandum of understanding still awaits final approval from Khamenei; 7. Two or three provisions in the US-Iran memorandum of understanding remain disputed; 8. Loracle's 5x leveraged HYPE short position is currently at an unrealized loss of over 31.4 million USD; 9. Financing in the AI sector exceeded 110 billion RMB in Q1, with a surge in domestic large model fundraising; 10. CryptoQuant analyst: Bitcoin has entered a risk aversion phase, and ETF demand momentum is far below last year's peak.
11:29
A whale bought 238,811 HYPE at an average price of $63.24 over the past 4 hours.
According to Odaily, Onchain Lens monitoring shows that a whale deposited 15.1 million USDC into Hyperliquid and bought 238,811 HYPE at an average price of $63.24 over the past 4 hours, with 10 thousand HYPE already staked.
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