The 30-year Treasury yield hit 5.121% as traders price in two-thirds chance of Fed rate hikes by December 2026, pressuring Bitcoin and risk assets.

The U.S. national debt approached $39 trillion as analysts warned about long-term inflation

The US 30-year Treasury yield closed at 5.14%, its highest since July 2007, creating headwinds for crypto and risk assets as the risk-free rate climbs.

US Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a global debt market selloff. Investors are…