According to CoinMeta, Jim Cramer, the host of CNBC, stated that as the yield on 10-year Treasury bonds rose to 4.79%, the prospects for a Federal Reserve interest rate cut became less optimistic. He pointed out that the current combination of Federal Reserve policies, geopolitical tensions, and rising energy prices made it more difficult to justify a rate cut. The warnings from Cramer come at a time when the yield on 10-year U.S. Treasury bonds has reached its highest level since 2025, marking a sharp reversal in market expectations for a rate cut. The market is assigning a significant probability to a Federal Reserve interest rate hike in September, rather than a cut.