MARKET DAILY

Market 01/11: CPI highest increase in 3 months - 30Y bond auction successful.

Expectations for Fed rate cut in March collapse. Crypto turning point: 11 Bitcoin spot ETFs officially list today after SEC approval yesterday.

Today's 30Y T-bond auction by US Treasury quite successful with favorable High Yield:

Highest accepted yield (High Yield): 4.229% - lower than previous auction (4.344%) and market expectations (~4.34%).

this is also the lowest since August.

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