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Bitcoin is trading 2.72% higher on Tuesday at $89,918, inching closer to the psychological $90,000 mark as investors continue to move away from traditional assets and into crypto amid escalating concerns over U.S. Treasuries and the Federal Reserve's independence. The world's largest cryptocurrency is up 5.88% over the last week and 6.61% over the past month.

Bitcoin is trading 2.72% higher on Tuesday at $89,918, inching closer to the psychological $90,000 mark as investors continue to move away from traditional assets and into crypto amid escalating concerns over U.S. Treasuries and the Federal Reserve's independence. The world's largest cryptocurrency is up 5.88% over the last week and 6.61% over the past month.

U.S. 10-Year Treasury yields touched 4.5% on Friday, up 55 basis points over the week, marking their biggest weekly gain in three years, owing to substantial tariff-related uncertainties.

In a CNBC interview Friday, Minneapolis Federal Reserve President Neel Kashkari raised concerns that investor sentiment may be shifting away from the U.S., citing unusual market movements amid ongoing trade tensions. What To Know: Treasury yields have surged while the dollar has weakened?an atypical reaction during geopolitical uncertainty.

Back-to-back weaker-than-expected inflation reports are failing to calm the U.S. Treasury market, with bond yields climbing again on Friday and fueling speculation that a policy misalignment may soon force the Fed's hand.

Despite a surprisingly soft inflation report and President Donald Trump?s temporary trade truce, U.S. Treasury yields rose Thursday, suggesting that bond investors remain skeptical of a near-term Fed pivot and are bracing for prolonged policy uncertainty.

President Donald Trump?s tariff announcements led to a sell-off in the stock market and prompted investors to move to safer assets such as Treasury bonds. Mortgage Rates: Despite the initial drop, mortgage rates rebounded as Treasury yields ticked back up. The current rate for a 30-year fixed mortgage sits at 6.85%, according to Mortgage News Daily.

The 10-year Treasury just notched its best week since August, as a market flight to safety sent yields tumbling below 4%. Investors rushing out of risk assets have piled into government bonds, pushing Treasury prices higher and handing the iShares 20+ Year Treasury Bond ETF a solid boost. Chart created using Benzinga Pro TLT is riding the wave, up 6.53% year-to-date and 2.03% in the past month.

For most of the past five years, bonds have been in a brutal bear market. Since peaking on March 9, 2020, the iShares 20+ Year Treasury Bond ETF ? the world?s largest fixed-income ETF ? has lost nearly 50%, battered by tight monetary policy, strong economic growth and persistent inflation. Yet, fresh reversal signals have started emerging as the first quarter of 2025 draws close.

Editor?s Note: This article has been updated to improve relevance and clarity. Bank of America Corp (BAC) shares are down 2.6% to $40.33 in Monday?s session and have fallen 10% over the past five sessions. The financial sector, which has been under pressure from rising Treasury yields and investor uncertainty, saw significant losses, with Bank of America (BAC) among the hardest hit.