According to The Kobeissi Letter, President Trump has postponed the implementation of a 50% tariff on EU imports until July 9, 2025, resulting in an immediate spike in the 10-year US Treasury yield above 4.55% (source: @KobeissiLetter, May 25, 2025). This bond market reaction signals that traditional trade policy interventions are losing effectiveness in containing market volatility. For crypto traders, the rise in yields often corresponds with a stronger dollar and reduced risk appetite, potentially leading to short-term downward pressure on major cryptocurrencies such as Bitcoin and Ethereum. Monitoring US bond yields is crucial for anticipating crypto price swings during periods of macroeconomic uncertainty.

According to The Kobeissi Letter, President Trump has postponed the implementation of 50% EU tariffs until July 9th, resulting in the US 10-year Treasury Note yield surging back above 4.55% almost instantly (source: The Kobeissi Letter on X, May 25, 2025). This rapid yield increase signals that trade policy delays are no longer containing bond market volatility. For crypto traders, the renewed rise in bond yields typically strengthens the US dollar and may pressure risk assets such as Bitcoin and Ethereum in the short term. Traders should monitor crypto price action closely in response to bond yield movements as macro volatility increases.