US 5-Year Yield Hits 20-Month High: Are Stocks and Bitcoin at Risk？
US 5-year Treasury yield hits 4.568% as oil and inflation fears intensify.Higher Treasury returns pressure stocks and raise Bitcoins opportunity cost.Fed hike odds reach 65% as traders watch oil, yields and the U.S. dollar. The US 5-Year Treasury Yield has risen to 4.568%, its highest level in 20 months, as investors deal with rising oil prices, persistent inflation concerns and growing federal borrowing needs. The move is drawing attention beyond the bond market because higher Treasury returns can keep borrowing costs higher while increasing competition for capital invested in stocks, Bitcoin and other risk assets. Why Is the US 5-Year Treasury Yield Rising？ Oil has emerged as the immediate catalyst. Brent crude recently surged above $90 per barrel as renewed U.S.-Iran fighting and attacks on two Saudi oil tankers intensified concerns over supplies moving through the Strait of Hormuz. Before the conflict, the strait handled around 20 million barrels of crude per day. The U.S. estimates current exports at between 8 million and 9 million barrels daily, although other tracking firms place flows between 2 million and 6 million barrels. Meanwhile, federal debt has passed $40 trillion, adding longer-term pressure as the government continues issuing Treasuries to fund operations and refinance existing debt. Discover more Access Premium News stock FINANCE Higher
