According to The Kobeissi Letter, US Treasury yields are surging following Moody’s recent downgrade, with the 10-year note yield approaching the critical 4.50%-4.60% range (source: The Kobeissi Letter on Twitter, May 18, 2025). Historically, this yield level has triggered significant policy reactions, especially during the Trump Administration. For crypto traders, rising yields often signal increased volatility and potential capital outflows from risk assets like Bitcoin and Ethereum, as higher yields can make traditional assets more attractive. This movement could impact liquidity and short-term trading strategies across the cryptocurrency market.