According to The Kobeissi Letter, the US 30-year bond yield has reached 5.15% for the first time since October 2023, a level not seen outside of that month since July 2007 (Source: The Kobeissi Letter, May 22, 2025). This significant spike in long-term yields reflects increasing investor concern over persistent inflation and the Federal Reserve's reluctance to implement rate cuts. For cryptocurrency traders, this higher yield environment could prompt further outflows from risk assets like Bitcoin and Ethereum into safer government bonds, potentially increasing volatility in the crypto markets. Traders should closely monitor any policy response or intervention signals from political figures, as rapid changes could impact both bond and crypto market sentiment.

According to The Kobeissi Letter, gold prices have reached new record highs, approaching $3,500 per ounce, marking a 47% increase over the past year. This surge is attributed to various macroeconomic factors, including inflation concerns and geopolitical tensions, which have driven investors towards gold as a safe-haven asset. Traders are advised to monitor these trends closely as they may influence future market dynamics.

According to Mihir (@RhythmicAnalyst), the 10-year U.S. bond yields have been in an uptrend for the past five years, bottoming out after COVID due to inflation concerns. This trend has significant implications for the cryptocurrency markets, as lower yields tend to influence investor behavior towards riskier assets like cryptocurrencies.