10-year Treasury yield rises after strong October jobs report

The 10-year Treasury yield climbed following a stronger-than-expected October jobs report, signaling that interest rates may stay elevated for longer. The move affects borrowing costs across the economy and shapes expectations for Federal Reserve policy. Higher yields can pressure risk assets, including crypto, by raising the opportunity cost of holding non-yielding investments. Markets will watch upcoming inflation data and Fed commentary for confirmation of the rate path.