News Snapshot:
On bitstamp.net, bitcoin was 0.2 per cent lower to $US26,569 at 4.37am AEDT. The yield on the US 10-year note surged 15 basis points to 4.71 per cent at 1.36pm in New York. The two-year yield, more sensitive to rate moves, reached 5.06 per cent. The 30-year yield was at 4.87 per cent. Swap contracts linked to future Fed rate decisions pushed the odds of another quarter-point hike back to about 50 per cent — from closer to 30 per cent the previous day — and expectations for the first rate cut shifted toward July from the June meeting, Bloomberg...
