10-year Treasury yield rises 35 basis points amid geopolitical tensions

The 10-year Treasury note yield has climbed nearly 35 basis points since geopolitical tensions escalated on February 28th. Rising bond yields are pushing mortgage rates higher in tandem, while markets have begun pricing out interest rate cuts expected in 2026. This shift reflects growing uncertainty about inflation and fiscal pressures, which could affect crypto risk appetite as investors reassess their exposure to alternative assets.