U.S. 30-Year Treasury Yield Breaches 5% Amid Moody's Rating Downgrade, Fiscal Concerns

Here are four key points about the recent bond market turbulence

- *US 30-year Treasury Yield Surges*: The yield on the US 30-year Treasury crossed 5% for the first time since April 9, reaching an intraday high of 5.011%.

- *Credit Rating Downgrade*: Moody's downgraded US credit from Aaa to Aa1 due to mounting deficits and escalating interest expenses.

- *Shift in Foreign Holdings*: The United Kingdom has overtaken China as the second-largest foreign holder of US Treasuries, as China and Japan have reduced their holdings over the past year.

- *Market Impact*: This move has triggered sharp sell-offs in both crypto and US equity markets, echoing the "tariff tantrum" in April.$BTC $ETH $XRP #BinanceAlphaAlert #SaylorBTCPurchase