Bond volatility hits six-month high as 10-year yield rises for sixth straight week

Treasury investors are living through their roughest stretch of the year. Bond market volatility has surged to its highest reading since March, according to data cited in the session, coinciding with a sixth consecutive weekly rise in the U.S. 10-year yield. That's an unusually long losing streak for bond prices, which move opposite to yields. What stands out is the contrast with other markets. The VIX, Wall Street's fear gauge, remains close to its yearly low, and the bitcoin equivalent (the BVIV) is doing the same. That divergence suggests the stress is concentrated in rates markets rather than spreading broadly across stocks or crypto. It's not yet clear what is driving the persistent yield rise — supply concerns, inflation expectations, or shifting rate-cut bets are all candidates cited in market commentary, but no single catalyst was confirmed in the reporting. Whether equity and crypto volatility stay insulated if the bond rout continues remains the open question for the next several sessions.