US 10-Year Yield Surges Amid Market Decline: What it Means for Crypto

An unexpected surge in the US 10-year Treasury yield to 4.414% occurred amidst a broader market decline on April 22, 2025. This surprising phenomenon raises questions about underlying fiscal concerns impacting risk asset valuations and highlighting heightened volatility across the market. Unlike typical market stress responses that would lead to investor preference for less risky assets like government bonds, this trend has reversed, causing concern among investors.