The 10-year yield on US Treasury bonds has reached a new high of 5.23% since 2007

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1. Iranian President Pezehezhian: Iran no longer trusts negotiations with the United States 2. Fidelity Jurrien Timmer: A new bull market for Bitcoin has begun, with a target price of $300000 by 2029 3. Trump: The US fully controls the Strait of Hormuz and rejects Iran's proposal to reopen it 4. The 10-year yield on US Treasury bonds has reached a new high of 5.23% since 2007 5. Trump's approval rating drops to 37%, the lowest before the midterm elections since 1990 6. The Trump administration plans to launch an overseas stablecoin program, with Tether holding $114.96 billion in US Treasury bonds 7. US regulatory agency sues Cash FX for allegedly operating a $950 million Ponzi scheme, causing investors to lose $406 million 8. 10800 BTC worth $1.083 billion have flowed out of the exchange wallet in the past 24 hours The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/554201

The US Department of Transportation will determine on Monday the regulations to lower fuel economy standards for automobiles, which will apply until 2031. US President Trump has announced that he has approved new fuel economy standards for cars and trucks, which will lower new car prices. The US Department of Transportation's Daffy said that American auto workers will see victory on Monday. The US Department of Transportation estimates that the new standards will reduce the cost of new cars, but fuel consumption and carbon dioxide emissions will increase in the coming decades.

The yield on US Treasury bonds climbed on Friday, hitting 5.230% during the 10-year trading session, reaching a new high since June 2007; The 30-year period rose above 5.51%, and the 2-year period approached 4.90%. S&P Global's business survey on Wednesday showed that the manufacturing industry experienced the largest monthly improvement since 2022, while the service industry reached its strongest improvement since 2021; In the second quarter, actual consumer spending increased by 3.4% year-on-year, and the Atlanta Fed's GDP Now model predicts that it will approach 4% in the third quarter. Yardeni Research's Chief Strategist, Yardeni, stated that the main reason for the surge in yields is that the US economy is thriving; Cleveland Fed President Hammack stated that the market is pricing a rate hike and that federal fiscal policy is unsustainable.

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