From TokenPost · · 40s
Ether Closes Near $2,440 as 10-Year Treasury Yield Eases
Ether rebounds to $2,440 after U.S. inflation data and Treasury yields shift markets.
In brief
Ether rebounds to $2,440 after U.S. inflation data and Treasury yields shift markets. Ether closed near $2,440 on Thursday as U.S. inflation data and eased 10-year Treasury yields sent mixed signals to markets. Originally reported by TokenPost.
Ether price action
Ether moved back above $2,400 on Thursday and finished its Oct. 15 UTC session near $2,440.
U.S. inflation data
U.S. final-demand producer prices rose 1.3% in September from August, seasonally adjusted.
Treasury yield shift
The 10-year par yield was 5.10% on Thursday, 0.09 percentage point below its 5.19% reading on Wednesday.
At a glance
Ether closed near $2,440 on Thursday as U.S. inflation data and eased 10-year Treasury yields sent mixed signals to markets.
