News

The yield on the 2-year German bond rose by 3.1 basis points to 2.685%; the yield on the 30-year German bond fell by 0.7 basis points to 3.621%. The spread between the 2-year and 10-year German bond yields narrowed by 2.672 basis points to +41.169 basis points. The yield on the 10-year French government bond rose by 0.9 basis points, the yield on the 10-year Italian government bond rose by 1.2 basis points, the yield on the 10-year Spanish government bond rose by 1.2 basis points, and the yield on the 10-year Greek government bond rose by 1.1 basis points. The yield on the 10-year UK government bond fell by 2.2 basis points to 4.965%. The yield on the 2-year UK government bond rose by 0.9 basis points to 4.375%. The yield on the 30-year UK government bond fell by 2.6 basis points and the yield on the 50-year UK government bond fell by 2.2 basis points. The spread between the 2-year and 10-year UK government bond yields narrowed by 3.049 basis points to +59.071 basis points.

BlockBeats News, May 22, the cross-chain settlement protocol EverclearOrg announced the closure of the foundation, Labs, and product development. The core reason was that its solver-based cross-chain fund rebalancing model, despite reaching a monthly $500 million transaction volume, faced user price sensitivity, making it difficult to convert into substantial revenue. The announcement stated that the pivot to B2B2C partner collaborations over the past six months did not materialize in a timely manner, and acquisition options also failed. After the funds were depleted, a decision was made to shut down in an orderly manner. The protocol has been taken offline, with no user funds trapped, and the UI and chain are currently unavailable. The DAO will continue to operate and explore protocol open-sourcing. If there is remaining funding, a CLEAR token buyback will be considered.

According to Odaily, this week US mortgage rates climbed to their highest level since August last year, which is undoubtedly more bad news for homebuyers during what is typically the busiest season for real estate sales. Freddie Mac said on Thursday that the average rate for a 30-year fixed mortgage rose to 6.51% this week, up from 6.36% last week. In addition, rising home insurance and property tax costs in many regions are also deterring buyers. This year's increase in mortgage rates has reversed the downward trend seen since the second half of 2025. Nevertheless, current mortgage rates are still lower than they were a year ago, and some buyers are entering the market during its current lull. According to data from the Mortgage Bankers Association, the number of mortgage applications for home purchases fell last week compared to the previous week, but was up 8% year-on-year. (Golden Ten Data)