Treasury Secretary Scott Bessent faces rising Treasury yields that undermine his goal of lowering borrowing costs, with implications for both traditional and crypto markets.

Treasury Secretary Scott Bessent faces rising Treasury yields that undermine his goal of lowering borrowing costs, with implications for both traditional and crypto markets.

Treasury Secretary Scott Bessent faces rising yields as the 30-year hits 5.02%, tightening financial conditions and driving $1.26B in Bitcoin ETF outflows.