US Treasury yields spike to highest levels in a year adding new problem for Bitcoin liquidity

Bitcoin’s April rebound is now facing a two-front macro test. The official Treasury curve for Apr. 29 placed the 10-year yield at 4.42%, the 30-year at 4.98%, and the 5-year at 4.05%. Today, market charts show the same pressure zone, with the 10-year near 4.40%, the 30-year near 5%, the 5-year near 4.04%, and WTI crude elevated. At the same time, Brent crude is trading above $126, its highest level since 2022, after …