Cointelegraph: U.S. 10-year Treasury yield jumps 87 bps, marking its worst quarter in over 30 years

A 87 bps quarterly surge in the U.S. 10-year Treasury yield, the worst quarter in decades, signals an abrupt tightening in financial conditions and a higher discount rate for risk assets. This typically pressures equities and crypto via multiple compression and reduced liquidity appetite, while supporting USD strength as rate differentials widen. Near-term positioning may shift toward duration hedges and lower-beta exposures.