Bond volatility surges while bitcoin and Wall Street stay calm

Bond-market volatility has surged to its highest level in months, signaling heightened stress in interest-rate expectations and Treasury trading. Bitcoin and U.S. equities have remained comparatively calm, suggesting limited immediate spillover into risk assets. The divergence may indicate that markets are absorbing rate uncertainty without broad-based deleveraging, but sustained bond turbulence could eventually pressure liquidity and increase Bitcoin’s sensitivity to macro shocks.