Finance

The 10-year US Treasury yield ticked up slightly to 5.25% on Friday, remaining near multiyear highs. Market analysts have warned that the benchmark yield faces structural upward momentum, potentially targeting the 6% threshold for the first time in over two decades. This enduring bond selloff continues to be fueled by high oil costs and growing concerns regarding the public debt burden.

Wall Street financial giant JPMorgan Chase has estimated that total cryptocurrency inflows could reach approximately $50 billion for the current year. Their financial analysts anticipate that momentum heading into the final quarter could elevate the annualized pace of inflows to roughly $66 billion. This projection comes as digital asset markets seek to maintain a steady footing after recent trading corrections.

Delta Air Lines reported its third-quarter financial results, revealing an earnings miss that weighed on its stock price. While the carrier experienced solid demand for its premium tier options, the financial benefits were offset by escalating fuel costs. Investors continue to monitor how major airlines balance strong consumer travel appetites against high operating expenses.