Analysis: As the 10-year U.S. Treasury yield rises to 4.27%, risk assets such as Bitcoin and stocks come under pressure

PANews January 20 News, according to CoinDesk analysis, the 10-year U.S. Treasury yield, a benchmark for global borrowing costs, has risen to 4.27%, reaching a four-month high, putting pressure on risk assets such as Bitcoin and stocks. The steadily rising Treasury yields have increased borrowing costs for mortgages, corporate loans, and other credit, tightening the financial environment and potentially dampening investors’ appetite for high-risk assets. Bitcoin price has fallen over 1.5% since the Asian market opened, approaching $91,000, while Nasdaq futures have declined by more than 1.6%. Analysts believe that the potential catalyst for this yield increase is President Trump’s threat to impose tariffs on Europe in response to Greenland acquisition efforts, which has sparked market concerns about Europe possibly selling off its $12.6 trillion in U.S. assets, including Treasuries. However, analysts note that such retaliatory sell-offs are difficult to implement, as most assets are privately held rather than owned by government funds.