10x Research: The rise in the 10-year Treasury yield and the increased likelihood of Trump's election will intensify market concerns about inflation

ChainCatcher news, 10x Research posted on social media that the 10-year Treasury yield has risen from 3.6% at the September FOMC meeting to 4.2% (+60 basis points). As the yield broke above 4.0%, Trump's election probability increased to 60%, intensifying market concerns about inflation. Higher bond yields typically indicate fewer rate hikes in the future. On October 4, non-farm payroll data exceeded expectations, adding 254k jobs, and subsequently, Trump began his campaign activities, further boosting his election probability. This rise in yield led to adjustments in U.S. small-cap stocks (Russell 2000) and Bitcoin.