According to The Kobeissi Letter, the 10-Year Treasury Note Yield has experienced a significant intraday reversal, climbing back above 4.40% due to mixed tariff headlines. This volatility can impact crypto markets as traders reassess risk amid changing macroeconomic signals.

According to The Kobeissi Letter, the S&P 500 experienced a bottom on March 13th at 5505 due to a reduction in tariff headlines by President Trump. From March 13th to March 26th, the index rose by 5% as tariff headlines remained minimal. However, the introduction of 25% auto tariffs quickly reversed the rally, demonstrating the significant impact of trade policy on market performance.