Fidelity’s Timmer ties rising bond yields to sticky inflation and fiscal risk

Fidelity's Timmer attributes the recent rise in bond yields to sticky inflation and fiscal risk, while suggesting yields may settle into a range. The commentary is macro analysis rather than a direct crypto story, but higher yields can pressure risk assets including bitcoin. Traders watching rate-sensitive positioning should note the view that the climb is inflation- and fiscal-driven rather than a one-off spike.