According to Omkar Godbole (@godbole17), the US real yield has risen above 2% as of June 1, 2025 (source: Twitter). Historically, a higher real yield increases the attractiveness of US Treasury securities, potentially leading to outflows from risk assets like cryptocurrencies. Traders should note that rising real yields often correlate with downward pressure on Bitcoin and major altcoins, as investors seek safer, yield-bearing assets (source: Bloomberg, historical market data). Monitoring US real yield trends is critical for anticipating volatility in the crypto market.

According to The Kobeissi Letter, US Treasury Secretary Bessent may attempt an intervention as the 10-year Treasury yield nears 5%, with trade deals no longer exerting downward pressure on yields (source: The Kobeissi Letter, May 21, 2025). Current equity market valuations could become unsustainable if yields hit this level, which may trigger increased volatility and risk-off sentiment. For cryptocurrency traders, a spike in Treasury yields typically strengthens the US dollar and dampens risk appetite, historically leading to short-term price corrections across major digital assets. Monitoring yield movements is critical for crypto market participants as macroeconomic shifts could directly impact liquidity and capital flows into crypto markets.