According to Mihir (@RhythmicAnalyst), bond yields have remained steady following the May CPI print, indicating that the bond market does not anticipate a Federal Reserve rate cut in the near future (source: Twitter, June 11, 2025). This signals ongoing tight monetary policy, which historically puts pressure on risk assets including cryptocurrencies such as BTC and ETH. Crypto traders should factor in the likelihood of sustained higher yields, which may limit bullish momentum in the near term.

According to The Kobeissi Letter, the 10-Year Treasury Note yield has climbed back above 4.50% due to further delays in expected Federal Reserve rate cuts, approaching levels last seen during the weak 20-Year Bond Auction on May 21st (source: @KobeissiLetter, June 6, 2025). This increase in yields signals heightened risk-off sentiment and stronger dollar positioning, which historically puts downward pressure on Bitcoin and major cryptocurrencies as risk assets become less attractive. Traders should monitor treasury yields closely, as sustained high yields could trigger further crypto market volatility and potential capital outflows.

According to The Kobeissi Letter, the new US spending bill will increase national debt by approximately $3 trillion over the next decade, even after 'safety net' budget cuts, with total debt impact reaching close to $5 trillion by 2035 due to rising interest costs (source: The Kobeissi Letter, June 3, 2025). This significant surge in government debt and projected higher interest rates may drive increased interest in alternative assets like Bitcoin and Ethereum as traders seek inflation hedges, potentially bolstering crypto market demand and volatility. Traders should closely monitor US fiscal policy shifts and bond yields, as these factors could trigger capital flows into digital assets.

According to The Kobeissi Letter, the Court of International Trade has struck down tariffs, leading to an immediate rise in the 10-year Treasury note yield above 4.50% (source: @KobeissiLetter, May 29, 2025). This sharp increase in yields reflects heightened uncertainty in traditional markets, which could drive risk capital into the cryptocurrency sector as investors seek alternative assets. Traders should monitor how sustained high yields may affect liquidity flows and Bitcoin price momentum, as rising yields often correlate with volatility in both equities and crypto markets.

According to The Kobeissi Letter, US 2-year economic growth expectations have dropped at their fastest rate in three years since March, while the 10-year real note yield has climbed approximately 40 basis points to 2.2% (source: The Kobeissi Letter, May 27, 2025). This divergence highlights tightening financial conditions and increased risk aversion in traditional markets, which historically have led to higher volatility and capital flows into alternative assets such as Bitcoin and Ethereum. Crypto traders should closely monitor these macro trends, as shifts in US bond yields and economic outlooks often trigger significant movements in digital asset prices.

According to The Kobeissi Letter, persistent high interest rates and the Federal Reserve's refusal to cut rates are pushing US 10-year Treasury yields toward 5 percent. Trade deals are also contributing to this upward pressure on yields. The Kobeissi Letter warns that unless there is a change in monetary policy or trade dynamics, the 10Y Note Yield could reach 5 percent. For cryptocurrency traders, rising yields typically signal tighter liquidity and higher opportunity costs, which can lead to increased volatility and downward pressure on digital asset prices. Source: The Kobeissi Letter on Twitter, May 26, 2025.

According to Edward Dowd, concerns are rising over who will purchase US Treasuries as demand from traditional buyers like foreign central banks has waned in 2025 (source: Edward Dowd on Twitter, May 24, 2025). This shift could lead to higher yields and volatility in the bond market, potentially encouraging institutional investors to diversify into alternative assets, such as Bitcoin and other cryptocurrencies. Traders should monitor Treasury auction results and institutional fund flows, as reduced confidence in US government debt may drive further adoption of digital assets as a hedge against macroeconomic uncertainty (source: Edward Dowd, Twitter).

According to Edward Dowd, shelter costs make up 36% of the Consumer Price Index (CPI), and key housing market indicators are rolling over, strengthening the case for a recession led by the housing sector compared to his previous analysis on January 9th (source: Edward Dowd, Twitter, May 23, 2025). The recent spike in bond yields, attributed to the 'big beautiful bill,' has pushed real yields higher, which typically leads to tighter financial conditions and reduced risk appetite. For crypto traders, these macroeconomic pressures suggest increased volatility in both traditional and digital asset markets, as risk-off sentiment could drive capital flows out of equities and into defensive or alternative assets like Bitcoin and stablecoins. Monitoring housing data and yield movements is crucial for anticipating further crypto market reactions.

According to The Kobeissi Letter, as the US-China trade war intensified, former President Trump expected Fed Chair Powell to lower interest rates to ease bond market pressure while tariffs increased. However, the Federal Reserve has been reluctant to cut rates, resulting in rising bond yields. This shift has forced Trump to reconsider his economic strategy. For crypto traders, the rising yields and lack of monetary stimulus increase market uncertainty and can lead to higher volatility for Bitcoin and altcoins as investors seek alternative assets amid traditional market stress (Source: The Kobeissi Letter, May 23, 2025).

According to The Kobeissi Letter, bond yields surged sharply ahead of the April 9th tariff pause as the unwinding of the basis trade accelerated. Former President Trump implemented a 90-day tariff pause in direct response to the spike in rates, and on April 10th, he acknowledged monitoring the bond market closely. This interest rate-driven policy move heightened volatility across global markets, with significant spillover effects on cryptocurrency trading as risk sentiment shifted rapidly. Crypto traders observed increased correlations between digital assets and traditional markets during this period, highlighting the need for active risk management strategies. (Source: The Kobeissi Letter, May 23, 2025)

According to The Kobeissi Letter, bond yields surged sharply leading up to the April 9th tariff pause as the basis trade unwound, prompting former President Trump to announce a 90-day tariff pause amid rising rates. On April 10th, Trump acknowledged monitoring the bond market, confirming the move was driven by interest rate concerns (source: The Kobeissi Letter, May 23, 2025). For crypto traders, these rapid shifts in traditional markets highlight the growing interplay between macroeconomic policy decisions and cryptocurrency price volatility, especially as traders increasingly use crypto as a hedge against interest rate uncertainty.

According to The Kobeissi Letter, as the US-China trade war intensified, former President Trump expected Federal Reserve Chair Powell to cut interest rates, aiming to stabilize the bond market while implementing higher tariffs. However, with the Fed remaining hesitant to reduce rates, bond yields have continued to rise, forcing Trump to alter his economic strategy (source: The Kobeissi Letter, May 23, 2025). This shift in US monetary policy and rising yields could increase volatility in both traditional and crypto markets, as investors seek alternative assets like Bitcoin and Ethereum to hedge against uncertain macroeconomic conditions.

According to The Kobeissi Letter, recent weeks have seen bond yields rise despite the usual 'trade deal' headlines, due to a shift in market sentiment with lower recession fears and heightened inflation expectations. This breakdown in typical market responses suggests that trade war tensions are resurfacing, which has historically driven volatility across global financial markets, including cryptocurrencies. Traders should monitor yield movements and trade war developments closely, as these factors can trigger liquidity shifts and risk-off sentiment in the crypto sector (source: The Kobeissi Letter, Twitter, May 23, 2025).

According to @KobeissiLetter, a notable discrepancy was observed between rising bond yields and equity prices last week. The S&P 500 surged towards the 5950 level before falling by 200 points, as highlighted in their recent premium member update (source: @KobeissiLetter on Twitter). For crypto traders, this sharp equity correction amid higher yields signals increased market volatility and potential liquidity shifts from equities to digital assets, impacting Bitcoin and altcoin price action.

According to @KobeissiLetter, a notable discrepancy was observed last week between higher bond yields and rising equity prices. Following their update to premium members as the S&P 500 approached 5950, the index has since fallen by 200 points. This correction highlights increasing market volatility tied to yield movements, which often triggers risk-off sentiment in both stock and cryptocurrency markets. Crypto traders should monitor bond yield trends as they can signal liquidity shifts impacting Bitcoin and altcoin prices (Source: @KobeissiLetter).

According to André Dragosch, PhD (@Andre_Dragosch), concerns are resurfacing over a potential SVB-like financial crisis if bond yields reach new cycle highs. Traders are increasingly considering Bitcoin as a portfolio insurance tool to hedge against systemic risks in traditional financial markets. The correlation between rising bond yields and stress in the banking sector signals possible capital flight towards cryptocurrencies, especially Bitcoin, as investors seek alternative stores of value during periods of heightened financial instability (source: Twitter/@Andre_Dragosch, May 23, 2025).

According to The Kobeissi Letter, the US 30-year bond yield reached 5.15% for the first time since October 2023, marking levels not seen outside of October 2023 since July 2007 (source: The Kobeissi Letter on Twitter, May 22, 2025). This notable yield spike signals increased risk-off sentiment and heightened volatility in traditional markets, often driving capital flows into alternative assets like Bitcoin and Ethereum. Crypto traders should closely monitor potential policy interventions by political figures such as Trump and Bessent, as ongoing Fed reluctance to cut rates is likely to sustain uncertainty in both bond and digital asset markets.

According to StockMKTNewz, the US 30-year Treasury yield has climbed to 5.15%, marking its highest level since October 2023 (source: StockMKTNewz on Twitter, May 22, 2025). This significant rise in long-term yields is increasing risk-off sentiment across financial markets, leading to volatility in both traditional equities and cryptocurrency assets. Elevated yields typically strengthen the US dollar, which can pressure Bitcoin and altcoin prices as global investors seek safer returns in bonds. Crypto traders should closely monitor bond yield trends, as further increases could trigger additional outflows from risk assets and impact short-term trading strategies.

According to StockMKTNewz, Fed Governor Waller stated that the Federal Reserve will not participate in primary bond auctions, confirming a firm stance on monetary policy tightening (source: StockMKTNewz, May 22, 2025). This decision signals continued restraint in liquidity support, which may increase bond yields and potentially reduce risk appetite across financial markets, including the cryptocurrency sector. Traders should monitor volatility in both traditional and crypto markets, as constrained liquidity often leads to increased price swings and impacts capital flows into digital assets.

According to The Kobeissi Letter, the US 2-Year Treasury Note yield has climbed above 4.00% after market close, signaling a significant shift in risk-free interest rates (source: The Kobeissi Letter, Twitter, May 21, 2025). This development elevates the risk-free rate, which directly impacts investor appetite for both equities and cryptocurrencies. Historically, higher Treasury yields attract capital away from risk assets like Bitcoin and altcoins, as investors seek safe, stable returns. Traders should closely monitor bond yields, as sustained rates above 4% may trigger increased volatility and downward pressure in crypto prices due to tightening liquidity conditions and more attractive fixed-income alternatives.