Treasury yields keep rising despite government bond buyback efforts

The U.S. government has been buying back some of its own bonds to try to keep borrowing costs steady, but interest rates on Treasury bonds (basically the government's IOUs) are climbing anyway. Treasury Secretary Scott Bessent is sticking with the buyback strategy even though it hasn't stopped the rise.

When traditional bond yields rise, investors sometimes shift money out of riskier assets like crypto and into safer bonds that now pay more, which can put pressure on crypto prices.

This is a slow-moving macro trend, not an emergency. No action needed based on this alone.