How Rising Bond Yields Impact Stocks, Gold, and Bitcoin
U.S. Treasury yields have moved to the center of the market narrative as investors reassess inflation, government borrowing and the Federal Reserve’s interest-rate path. On August 18, the 30-year Treasury yield rose to about 5.28% after briefly moving above 5.3%, reaching levels last seen around 2007, while the 10-year yield remained near 4.7%. The move coincided with weakness in U.S. equities, particularly technology stocks, while gold also declined. Bitcoin remained sensitive to the broader sh