Treasury Yields Near 5% Pressure Stocks, Gold, Crypto

TREE NEWS reports: Treasury yields surged toward key levels on September 1, pressuring risk assets. The 10-year yield hit about 4.79%, and the 30-year approached 5.3%. US stocks fell for a third straight session, with the Dow down 0.8%, S&P 500 down 0.7%, and Nasdaq down 1%. Bitcoin dropped to around $77,900, while gold futures fell below $4,400. Higher rates raise valuation concerns for tech and crypto, while fiscal risks offer some support for gold and Bitcoin.