The 30-year US Treasury bond has reached a record yield, which could reflect on the cryptocurrency market.
Yield of US Treasury Bonds
On August 15, 2025, the yield of the 30-year US Treasury bond reached 4.92%, marking the widest spread since 2021. The spread between the 30-year and 5-year yields reached 109 basis points.
Impact on Cryptocurrencies
The widening spread shifts institutional investors' focus toward safer assets like Treasury bonds, potentially reducing liquidity and available capital for cryptocurrencies. It is also expected to lead to increases in inflation and fiscal deficits, thus affecting demand for riskier assets.
Conclusion
Historical data shows that changes in yield curves often lead to declines in risky assets. Currently, there are no comments from leaders in the cryptocurrency sector regarding this issue.
Changes in the yield of US Treasury bonds have significant implications for both financial and cryptocurrency markets, as historical data support.