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The yield on Italy's 2-year government bonds has risen by 6 basis points and is now reported at 2.8221%.

```htmlGolden Ten Data reported on June 18 that Ankita Amajuri of Pantheon Macroeconomics stated in a report that, as inflation is expected to be higher than the Swiss National Bank's forecast, the central bank may raise interest rates in the first quarter of 2027. At the beginning of 2027, inflation is expected to be close to the midpoint of the Swiss National Bank's 0%-2% target range, but the risk-averse Swiss National Bank may take this opportunity to raise interest rates in order to create policy space for dealing with potential future deflation, without having to switch to negative policy rates. Swiss National Bank President Schlegel has stated that the central bank is flexible, but in the past, he has repeatedly emphasized that the threshold for lowering rates below zero again is very high.```

According to Odaily, on-chain analyst Yu Jin has monitored that 12 wallets suspected to belong to a16z have transferred 24 million USDC into Hyperliquid over the past 20 hours, and are currently using TWAP (Time-Weighted Average Price) to purchase HYPE. They are currently the largest institutional holder of HYPE and one of the main drivers behind HYPE's continuous new highs in recent months: Excluding their current ongoing purchases, since March they have used more than one hundred wallets to transfer a total of 259 million USDC into Hyperliquid to buy and stake 4.035 million HYPE at an average price of around $64. Their unrealized profit is approximately $29 million.