The 10-Year Treasury Note Yield just hit 4.26%—marking its strongest position since last September. This matters more than you might think. Bond market movements like this shape the entire risk appetite landscape, and traders are watching closely. The policy side? There's clear pressure to keep these yields from climbing further, and that tension between market forces and policy preferences could create some interesting dynamics ahead. Pay attention to how this plays out—treasury movements tend to ripple across all asset classes, including the crypto space.