Treasury Yields Surge as Risk Appetite Deteriorates
The 30-year US Treasury yield has reached its highest level since 2007, signaling a sharp repricing of long-duration risk as geopolitical escalation between the US and Iran drives safe-haven demand and oil prices above $91 per barrel. This yield surge reflects both inflation expectations and the market's recalibration of growth prospects in a higher-for-longer rate environment.
Bitcoin's modest 1.2% daily gain—holding near $64,103—masks underlying pressure from the broad shift in risk sentiment. Rising yields typically compress valuations for non-yielding assets like crypto, as investors reassess opportunity costs in a world where traditional fixed income offers materially higher returns. The combination of elevated yields and geopolitical risk is draining liquidity from equities and alternative assets alike.
