Finance

The yield on the 10-year U.S. Treasury note eased to approximately 4.35% on May 1, pulling back from nine-month highs as energy costs softened. Simultaneously, the U.S. Treasury announced new rates for Series I bonds, which will offer 4.26% annual interest through October 2026.

As of early May 2026, Bitcoin is trading above $78,000, recovering from its prior day's levels despite a broader environment of restrictive monetary policy. Markets are currently pricing in a high probability that the Federal Reserve will maintain interest rates at 3.75% for the remainder of the year, which continues to impact capital flows into higher-risk digital assets.

U.S. inflation recently accelerated to 3.3%, driven largely by a significant surge in gasoline prices tied to ongoing conflict in the Middle East. While core inflation moderate slightly to 2.6%, the overall figures remain above the Federal Reserve's 2% target, leading to a more hawkish outlook from central bank officials.