Finance

Yields on U.S. government bonds have climbed dramatically, with the 10-year Treasury note hitting the key 5% threshold and the 30-year bond closing above 5.3%. This surge is largely driven by persistent Consumer Price Index metrics and heavy sovereign debt issuance, which continue to squeeze the equity risk premium.

Global energy markets experienced heightened volatility as Brent crude rose above $108 a barrel. The upward price movement followed reports of military conflict and a pipeline closure in Saudi Arabia, compounding global inflation anxieties and complicating the Federal Reserve's monetary policy trajectory.

Digital assets face distinct downward pressure, with Bitcoin sliding below $77,000 and Ethereum hovering near $2,500. Investors are reacting to the broader macroeconomic shifts and growing interest rates, which typically hinder non-yielding digital assets as capital rotates through different risk profiles.