Coinbase Markets 🛡️ (@CoinbaseMarkets): US growth accelerated in September, but so did price pressures.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
US growth accelerated in September, but so did price pressures. Composite PMI: 58.4 vs 56.0 prior Services: 58.7 vs ~56 expected Manufacturing: 57.0 vs ~53.6 expected The US 10Y jumped from around 5.03% at the release to above 5.10% shortly after. Stronger growth + firmer input costs are keeping upward pressure on rates.