2025-12-13 06:41:08

#美联储降息 $BTC、$ETH、$BNB

The US 30-year Treasury yield broke through 4.86%, just hitting a nearly three-month high.

The ironic part is: the Federal Reserve just cut interest rates, yet long-term bond yields instead rose. This move is a bit awkward — like dieting hard, only to see your weight go in the opposite direction.

The underlying logic isn't that complicated. High fiscal deficits, rising market inflation expectations, and an imbalance in bond supply and demand — these three factors stacking up cause long-term bond yields to soar. The bond market's attitude is clear: I have my own rhythm, not following the script of rate cuts.

For the crypto world, such an environment means risk assets are under pressure. Rising interest rates mean higher opportunity costs for holding assets with no returns. As "interest-free" risk assets, cryptocurrencies will inevitably feel some pressure. Next, we need to keep a close eye on the US Treasury bond trend.

BTC-0.21%

ETH0.63%

BNB0.88%

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TopEscapeArtist

· 20h ago

This reverse operation in the bond market is indeed a bit desperate. As long-term bond yields surge, the tokens we hold directly become hot potatoes. The technical chart looks very uncomfortable, and it feels like there are danger signals.

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GasGuzzler

· 23h ago

Lower interest rates actually boost long-term bonds? This move is truly amazing; the bond market has its own temper.

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JustHereForAirdrops

· 23h ago

Lower interest rates instead cause long-term bond yields to surge; it's ridiculous. The bond market simply doesn't buy it.

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EyeOfTheTokenStorm

· 23h ago

It's the same operation again... cutting interest rates but actually raising them, the bond market simply doesn't listen to the Federal Reserve's playbook. My quantitative model shows that the recent surge in long-term bonds is actually driven by the market's real inflation expectations, which are much more honest than official data. How could the crypto world have been doing well these days? Risk assets are all getting hammered. Keep a close eye on U.S. Treasury yields.

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PaperHandSister

· 23h ago

The Federal Reserve lowering interest rates causes long-term bonds to rise, which is crazy. The crypto market is going to take a hit from this wave.

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DataOnlooker

· 23h ago

Lower interest rates instead cause long-term bond yields to soar? This bond market really doesn't give face, haha

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