10-year Treasury yield just smashed 5.34% — highest since April 2002
Last quarter alone? +87bps. Biggest quarterly jump since 1994.
What this means for crypto:
→ Tighter financial conditions
→ Higher borrowing costs across the board
→ Risk assets getting squeezed
When TradFi rates rip like this, liquidity drains fast. Expect volatility. $BTC and alts will feel this pressure.
Watch the macro. This isn't noise.
Last quarter alone? +87bps. Biggest quarterly jump since 1994.
What this means for crypto:
→ Tighter financial conditions
→ Higher borrowing costs across the board
→ Risk assets getting squeezed
When TradFi rates rip like this, liquidity drains fast. Expect volatility. $BTC and alts will feel this pressure.
Watch the macro. This isn't noise.
