Central banks are trying to keep yields from exploding higher while they hike rates to fight inflation. Who will step in to buy bonds in current conditions?
If the bitcoin price remains stable while everything else continues to crash, it would be a massive signal that more people recognize its value proposition.
The European Central Bank’s mishandling of the money printer has endangered the eurozone. Bitcoin offers an alternative that separates money from the state.
Despite the recent rally in equities, the bond market has meaningfully reversed and resumed its sell-off while treasury yields rise with inflationary pressure.
A reversal in interest rates shows that markets are pricing in lower inflation expectations and a rising probability of a deflationary market on the horizon.