Market Crash Fears Rise as UK 30-Year Bond Yield Surges
The post Market Crash Fears Rise as UK 30-Year Bond Yield Surges appeared on BitcoinEthereumNews.com. Bitcoin fell below $80K as rising bond yields and equities trigger risk-off moves. UK 30-year yields hit 5.85%, signaling global sovereign debt market stress concerns. US equities lost $1T while Bitcoin and crypto markets followed the broad selloff trend. Bitcoin slid below $80,000 as investors reacted to rising global bond yields and another sharp selloff across US equities. Market analysts warned that stress in sovereign debt markets could trigger wider financial instability. Consequently, traders rushed toward defensive positioning while risk assets lost momentum across major exchanges. Data shared by The Kobeissi Letter showed that the UK’s 30-year government bond yield climbed to 5.85%. That marks its highest level since March 1998. Besides, long-term borrowing costs also surged across several developed economies. Investors now fear that stubborn inflation could force central ban