Definition ∞ Global yields refer to the returns on investment, typically from fixed-income securities like government bonds, across international markets. These figures reflect prevailing interest rates, inflation expectations, and economic conditions worldwide. They serve as a benchmark for risk-free returns.
Context ∞ Fluctuations in global yields significantly influence investor allocations to risk assets, including cryptocurrencies. Higher yields in traditional fixed-income markets can divert capital away from digital assets, while declining yields might position crypto as a more appealing avenue for return generation. This financial dynamic affects market liquidity and asset valuations within the digital asset economy, frequently discussed in economic news.