French government bond yields just hit a fresh peak—30-year rates climbed 7 basis points to 4.524%, marking the highest level since 2009. That's a significant shift in the backdrop for risk assets. When sovereign debt gets more expensive to service, capital tends to recalibrate across markets. For crypto investors keeping tabs on macro conditions, this kind of movement in traditional fixed income is worth monitoring. Higher yields can affect how institutions balance between bonds and alternative assets, including digital currencies. The broader implications: tighter financial conditions, potential headwinds for growth-sensitive plays, and renewed pressure on central bank policy. Not just eurozone noise—this ripples across global markets.