U.S. Treasury Yields Near Multi-Decade Highs; 10-Year Above 5.3%

Wu Blockchain, citing CoinShares, reports the 10-year Treasury yield above 5.3% and the 30-year at 5.7%, both near multi-decade highs. It says digital asset fund inflows slowed after totaling about $11.1 billion since mid-July. CoinShares argued long-term bond yields may matter more for Bitcoin than Fed policy if rising yields increasingly reflect U.S. fiscal sustainability concerns rather than stronger growth; fund flows have yet to clearly reflect that thesis.