Many Global Fiat currencies are collapsing right now. There is trouble with interest rates around the world and the central banks are losing control.
Could this be the begging of a major FIAT crisis? If so should be good for the strongest currency, ₿itcoin.
GBP 30 Year Bond is tanking especially hard. 
I think you posted at the same time I did about the same thing from different viewpoints! Hmm
Stack those sats daily
Collapsing is a bit of an overreaction… you presented a zoomed in view without any context. The pound has done much worse in October of last year and in April.
The others are not as bad either if you zoom out. Dropping? Certainly. Collapsing? Ehh not so much. Could be more or less regular fluctuations.
Indeed “collapsing” is an overstatement, so far. But things smell horrible in global FX land right now.
Gives me queezy feeling I’ve only had a few times in 33 years of working/investing in global bond markets.
A rupture point is approaching. Before 2H 2025 is my guess. 💵 💴 💶 🔥
This represents a monster global bond selloff. I will stick to my view that many global fiat currencies are collapsing right now.
Overblown at this stage imo. If the UK can pull-off the coming taxation and increases they announced, they should be able to pick it up again. Yet, all fiat are going to zero, regardless.
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This represents a monster global bond selloff. I will stick to my view that many global fiat currencies are collapsing right now.
