Binance Research: U.S. real interest rates hit a new high since 2008, Layer 2 tokens rise by about 32%

According to the latest weekly report from Binance Research, since August 31, the yield on the 10-year U.S. Treasury bond has risen by 47 basis points, of which 43 basis points came from an increase in real yields, while the inflation breakeven rate only rose by 4 basis points. The 10-year real yield once reached 2.95%, the highest since 2008.

The weekly report also pointed out that since the interest rate hike in September, BTC has risen by 9.3%, ETH has risen by 2.7%, and Layer 2, RWA, and AI tokens have increased by approximately 32%, 29%, and 29%, respectively, while meme and payment tokens have performed relatively poorly. Binance Research stated that the current high real interest rates still exert a suppressive effect on a wide range of risk assets, and future attention should be focused on CPI, long-term U.S. Treasury yields, and BTC ETF fund flows.