U.S. Treasury Yield Reaches Four-Month High, Impacting Bitcoin and Equity Markets

The 10-year U.S. Treasury yield has climbed to 4.27%, reaching its highest level in four months. According to NS3.AI, this increase is raising borrowing costs globally, posing challenges for Bitcoin and equity markets. Typically, higher yields diminish the attractiveness of riskier assets by elevating financing expenses and opportunity costs.