US 10-year Treasury yield hits 5.18%, pressuring bitcoin and risk assets
- —US 10-year Treasury yield reached 5.18%, the highest since 2007
- —Yields rose about 30 bps in two days, the biggest daily jump since April 2025
- —The 30-year mortgage rate climbed to 7.45%, Brent crude topped $105 a barrel
- —US consumer inflation expectations rose to 4.6%
Why it matters: Rising Treasury yields reduce the appeal of bitcoin and other risk assets, adding pressure on the crypto market.
Source: Digital Today