According to The Kobeissi Letter, bond yields continue to rise even amid escalating conflict between two major global powers, as seen in recent market data (source: The Kobeissi Letter, June 13, 2025). This persistence in high yields signals ongoing risk aversion and tightening liquidity, which can increase volatility across equity and crypto markets. Traders should monitor the impact of rising yields on Bitcoin (BTC) and Ethereum (ETH) prices, as higher rates often pressure risk assets and may lead to further downside or choppy trading conditions. Adjusting portfolio allocations and watching for correlations between treasury yields and crypto price movements remain critical for informed trading decisions.