PANews reported on January 20th that, according to CoinDesk analysis, the yield on the 10-year US Treasury bond, a global benchmark for borrowing costs, has climbed to 4.27%, a four-month high, putting pressure on risk assets such as Bitcoin and stocks. Rising Treasury yields are pushing up credit costs for mortgages, business loans, and other instruments, tightening financial conditions and potentially dampening investor appetite for high-risk assets. Bitcoin prices have fallen more than 1.5% since the start of Asian trading, to around $91,000, while Nasdaq futures have fallen more than 1.6%. Analysts believe the potential catalyst for this yield increase is President Trump's threat to impose tariffs on Europe over his push to acquire Greenland, raising concerns that Europe might sell off its $12.6 trillion in US assets (including Treasury bonds). However, analysts point out that such a retaliatory sell-off would be difficult to implement, as most assets are privately held rather than government funds.