💣 19-Year High: 10-Year Treasury Yield Surges To 5.24% & Shakes Markets Lately, I’ve been checking TradFi pairs on the TradingView chart over at WhiteBIT a lot more often. It’s super convenient to keep an eye on macro indices and stock setups right alongside my $BTC charts without constantly switching apps! And yesterday, macro markets delivered a huge signal 👇 The 10-year US Treasury yield jumped to 5.24% - closing at its highest level in over 19 years! Bond yields across all maturities climbed, with 30-year yields touching 5.56%. Higher "risk-free" yields make future company earnings less valuable today, putting direct pressure on tech and growth stocks - which took a hit as the Nasdaq dropped nearly 1%. At the same time, the Fed's inflation fight continues as energy prices remain a massive headache, with Brent crude holding above $105 a barrel. With inflation hovering around 3.8%, markets are bracing for the Fed to keep rates higher for longer. When risk-free government bonds pay over 5%, capital allocators get much pickier. While traditional equities digest these rate spikes, crypto assets like BTC are facing a crucial test to see if safe-haven and inflation-hedge narratives hold up under tight financial conditions. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
