Inflation data came in softer than expected, yet the 10-year Treasury yield spiked to 5.32%—its highest level since 2002.
The disconnect is telling: bond markets aren't reacting to inflation anymore. Instead, they're pricing in a new risk—massive federal deficits and relentless debt issuance.
When traditional safe havens stop behaving like safe havens, $BTC starts looking like the rational hedge.
The disconnect is telling: bond markets aren't reacting to inflation anymore. Instead, they're pricing in a new risk—massive federal deficits and relentless debt issuance.
When traditional safe havens stop behaving like safe havens, $BTC starts looking like the rational hedge.