Finance

The 10-year U.S. Treasury yield hovered near 4.5% as investors adjusted expectations for tighter monetary policy from the Federal Reserve. Recent hawkish commentary and a focus on inflation have pushed 2-year yields toward their highest levels since early 2025, even as some near-term yields saw minor retreats in early trading.

SpaceX shares fell for a fourth consecutive session, erasing approximately $600 billion in market value since their mid-June peak. The volatility follows the company's announcement of its first-ever investment-grade bond sale intended to fund massive artificial intelligence infrastructure projects.

Bitcoin has maintained a narrow trading range between $61,000 and $65,000, showing resilience relative to the sharp declines seen in the equity technology sector. While major altcoins generally traded lower, some smaller assets like DeXe saw significant gains amid relatively low overall market volume.