US 10‑Year Treasury Yield Rises to 4.267%, Highest Since Sept 2023

A rising US 10‑year yield to 4.267% is typically bearish for risk assets, including cryptocurrencies. Higher Treasury yields increase the opportunity cost of holding non‑yielding assets and can damp risk appetite, prompting portfolio reallocation into safer fixed income. Historically, sharp or sustained rises in US yields (e.g., 2022 tightening cycles) correlated with downward pressure on equities and crypto markets as capital flowed to bonds and expectations for tighter monetary policy rose. In the short term, crypto traders may see increased volatility and potential price declines as leverage is unwound and risk positions are reduced. Over the medium to long term, persistent high yields can slow speculative inflows, compress valuations, and keep a lid on major rallies unless offset by stronger risk‑on catalysts (e.g., easing inflation, dovish Fed messaging, or bullish on‑chain fundamentals).