Crypto panic

#US10YearTreasuryYieldHitsHighestSinceNov2023 U.S. 10-Year Treasury Yield Hits Highest Since November 2023 The U.S. 10-year Treasury yield climbed to an intraday high of 4.818% on September 2, its highest level since November 2023, as investors reassessed the outlook for inflation and Federal Reserve policy. � Fox Business +1 The latest rise has been driven by renewed concerns about higher energy prices, persistent inflation and growing government debt, all of which can push borrowing costs higher. Markets are also increasingly pricing in the possibility of a Federal Reserve rate hike later this month. � Reuters +1 Higher Treasury yields can weigh on stocks because they make government bonds more attractive relative to riskier assets while also raising financing costs for companies and consumers. Mortgage and other borrowing rates can also come under pressure as Treasury yields rise. � Business Insider The 5% yield level is now emerging as an important threshold for markets. Investors will closely watch upcoming U.S. employment and inflation data for clues about whether the recent bond selloff and higher-rate expectations will continue. � barrons.com$NVDAB $AAPL.US