10-29
Treasury Market Calm Ahead of Powell's Speech Amid Low Volatility
Treasury market volatility has fallen to multi-year lows, creating a stable environment as traders await Federal Reserve Chair Jerome Powell's press conference. His remarks could shift sentiment, with a hawkish tone potentially pushing 10-year yields above 4%. Some Fed officials support rate cuts due to weakening labor momentum, while others favor holding rates steady amid persistent core inflation. As of Wednesday in Asia, the 10-year yield was near 3.98% and the two-year yield around 3.49%.
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10-29
10-29
Stream's xUSD Faces Scrutiny Over 4.1x Leverage and Asset Backing Transparency
Stream's xUSD is under scrutiny due to a 4.1x leverage ratio, with $170 million in on-chain assets backing $530 million in borrowings. Founder responds to warning from KOL CBB0FE, pledging greater transparency and clarifying that xUSD is not a stablecoin. The move aims to align user expectations with the product's actual structure. Concerns center on liquidity risk and potential cascading liquidations during market downturns.
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SUSD
SUSD-0.41%
10-29