The US 10-year Treasury yield has fallen below 4% for the first time since October. This signals a potential shift in Federal Reserve (Fed) policy, sparking renewed interest in Bitcoin (BTC) and other risk assets. Treasury Yields and Bitcoin: A Risk-On Rotation? As highlighted by financial markets aggregator Barchart, this decline reflects growing economic uncertainty. Specifically, it suggests rising recession fears and increasing speculation that the Fed may pivot to rate cuts sooner than expected
source: https://beincrypto.com/us-10-year-treasury-yield-bitcoin-appeal/