30-year government bond yields are approaching 5.20%, and the core reason for this surge is not economic overheating, but geopolitical risks accelerating behind the scenes. Oil prices are being pushed higher by the Middle Eastern tinderbox, and funds are collectively flocking to U.S. Treasuries for safety. If the US-Iran negotiations truly reach an agreement this week, causing oil prices to plummet, will the yield retreat like last time in a flash, or has a new rate center already quietly formed?

Honestly, the market is not betting on data right now, but on bullets.

Crypto circles, don’t be foolishly celebrating “an easing cycle is coming.” High interest rates directly smash the valuation ceiling of all risk assets. Today, Bitcoin and Ethereum are taking a beating along with gold, which is concrete evidence. Brothers with high leverage, wake up — the knife of liquidity tightening is already at your neck. Advice: immediately cut positions, raise stablecoin holdings to over 40%, and wait for geopolitical dust to settle before acting. Otherwise, a sudden crash leaves you no chance to regret. #30年期美债收益率突破5%