HSBC Sees 10-Year Treasury Yield at 4.65% by Year-End, Easing Bitcoin (BTC) Macro Pressure

The 10-year Treasury yield fell to 4.951% as HSBC targets 4.65% by year-end, potentially easing macro pressure on Bitcoin and other risk assets. Lower yields typically reduce the opportunity cost of holding non-yielding assets like BTC, which could support price appreciation in the coming months.