10-Year Treasury Yield Tops 5%, Threatening Stocks and Bitcoin

The 10-year Treasury yield has reached its highest level in three years, topping 5% on Monday. This significant move is expected to have far-reaching implications for both stocks and Bitcoin (BTC).

As yields rise, borrowing costs across the economy increase, which can put pressure on stock valuations. Investors are beginning to favor government bonds over equities due to their low-risk, high-yielding returns.

Ahead of the Federal Reserve's upcoming meeting, investors are bracing for a potential rate hike, which could further squeeze risk assets like Bitcoin. Analysts see this as a genuine threat if yields continue to climb.