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The 10-year US Treasury yield surged to 4.82%, and the real pressure on BTC may not have been relieved yet The 10-year US Treasury yield intraday surged to 4.82%, the highest since November 2023. This is not an isolated bond market fluctuation. In the past two months, the 10-year US Treasury yield has risen by nearly 40 basis points; long-term government bond yields in Japan, Germany, and the UK have also risen simultaneously, as global capital is demanding higher "bond returns." There