Skip to content
Crypto Briefing

US 3-year note auction yield falls, demand slightly declines

By Estefano Gomez

The auction results suggest cautious investor sentiment amid potential shifts in interest rate policy, impacting future Treasury demand. The post US 3-year note auction yield falls, demand slightly declines appeared first on Crypto Briefing.

Read Original Article

Explained in this story

Interest rate

The price of borrowing money, expressed as a percentage of the amount borrowed. A central bank sets a benchmark rate that other rates follow.

It decides how much people pay on loans and mortgages and how much savers earn, and it is the main tool for fighting inflation.

More about Interest rate
Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

From the blog