US Treasury yields are soaring, but what does it mean for markets and crypto? By Cointelegraph

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US Treasury yields are soaring, but what does it mean for markets and crypto?

Across all tradeable markets and currencies, U.S. Treasurys — government bonds — have significant influence. In finance, any risk measurement is relative, meaning, if one insures a house, the maximum liability is set in some form of money.

Similarly, if a loan is taken from a bank, the creditor has to calculate the odds of the money not being returned and the risk of the amount being devalued by inflation.

U.S. government bonds’ 10-year yield. Source: TradingView