Analysis: Rising U.S. Treasury yields and the dollar push up borrowing costs, which may become an obstacle to risky investments such as cryptocurrencies

Odaily News Global markets are turning their attention to upcoming U.S. inflation data, which could affect views on the Federal Reserve's room for further rate cuts. U.S. Treasury yields and the dollar are climbing, suggesting that investors expect inflationary pressures from Trump's planned trade tariffs and tax cuts. Against this backdrop, U.S. stocks fell as relatively high borrowing costs could become a barrier to risky investments, including cryptocurrencies. (Bloomberg)