The 10-year US Treasury yield climbed to its highest level since 2007 near 5.3%, while the 30-year yield reached levels last seen in 2002. The move is adding pressure on equities and contributing to mixed stock performance as investors weigh persistent inflation concerns and rising oil prices.

What it moves

BTC, ETH, SOL, XRP, SPX, TSLA, NVDA, AAPL, GOOGL, MSFT, META, AMZN, AVGO, MSTR, COIN, GOLD, SILVER, US500, DXY

Bull vs bear

Bulls see the selloff in bonds as a sign that growth remains resilient enough to absorb higher rates, potentially supporting risk assets if inflation data soon moderates. Bears argue that sustained higher yields will tighten financial conditions further, weigh on equity valuations especially in tech and crypto, and risk triggering a broader risk-off move if oil-driven inflation persists.

Reuters

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