10-year US Treasury yield surges above 5.20% for the first time in 19 years, rising 50bp in one month amid broader bond market volatility.
Macro & Markets ·
The 10-year US Treasury yield has climbed above 5.20%, marking its highest level in 19 years, with gains of 50 basis points over the past month and 30 basis points in the last two days. The sharp moves reflect ongoing volatility in the bond market, though the broader implications for crypto markets and investors remain unclear from available information.