The summer rainy season is about to begin

Flood warnings will also appear
The Water Resources Bureau and flood control departments will closely monitor
Just like the current gradually emerging view:
Long-term U.S. Treasury yields (10-year, 30-year)
According to the official curve from the U.S. Department of the Treasury on May 15:
10-year at 4.59%, 20-year at 5.14%, 30-year at 5.12%;
During the trading session on May 18: the 10-year briefly reached 4.631%, the 30-year reached 5.159%, just a step away from the highest since 2007.
Barclays strategists warn clients that yields may break through 5.5%, reaching the highest level since 2004.
Although not as extreme as in the past, they are already in a relatively high range.
The market is also beginning to closely watch this yield curve.
What are the implications of rising long-term U.S. Treasury yields?
It can be simply understood through these two points:
1. You can view the high long-term U.S. Treasury yields as a sign of a strengthening dollar. What does a strong dollar mean?
2. It can also be understood that if U.S. bond yields rise, compared to other lower yields, what actions might the market take?
The purpose of sharing here is not to create panic, but purely to share a recent macro market point.
And the background of high long-term U.S. Treasury yields is different, and so are the impacts.
But the main influence still comes from complex international events, especially the chain reaction caused by high oil prices due to the U.S.-Iran conflict.
The interconnected effects are very complicated.
But one thing remains unchanged: the current rise in long-term U.S. Treasury yields has a suppressive effect on the U.S. stock market, the crypto space, and the gold market.
However, gold has a safe-haven attribute during turbulent times.
The "digital gold" in the crypto space also has a risk-hedging attribute, depending on the circumstances.