According to The Kobeissi Letter, the US Treasury term premium has surged to approximately 0.75%, marking its highest level in 11 years (source: The Kobeissi Letter, April 28, 2025). This increase suggests that investors are demanding higher compensation for holding long-term US Treasuries over shorter-term bonds. For bond traders, this signals heightened risk sentiment and potential volatility in the fixed income market. Crypto traders should note that rising term premiums may reflect broader risk aversion and could influence capital flows, potentially increasing demand for alternative assets like Bitcoin or stablecoins during periods of bond market uncertainty.