Finance

The 10-year U.S. Treasury yield climbed toward 4.5% as stronger-than-expected labor data and high oil prices reinforced expectations for a more hawkish Federal Reserve. Markets are increasingly pricing in the possibility that the central bank may need to hold interest rates higher for longer or even consider additional hikes later this year.

Digital assets faced significant downward pressure, with Bitcoin sliding toward $64,000 to reach its lowest levels since late February. The decline is being driven by substantial outflows from exchange-traded funds and a shift in institutional capital toward safer traditional assets amid rising macro risks.

Companies specialized in nuclear power and grid infrastructure are seeing increased demand fueled by the rapid buildout of AI data centers. Long-term storage solutions, such as vanadium redox flow batteries, are also projected for significant growth as grid-stability mandates encourage new utility-scale deployments.