Space-Related Shares Trade Lower as Treasury Yields Spike
Shares of space-related companies are lower as U.S. inflation data fuel a spike in bond and Treasury yields, with expectations for interest rates to remain elevated.
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Bitcoin rises 1.2% to $82,781
Bitcoin climbed 1.2% to $82,781 after earlier slipping to $80,500 overnight. Analysts said $81,000 has been seen as an initial support level, while strength in the U.S. dollar and higher Treasury yields has weighed on risk assets this week.