Bonds are no longer the safe haven asset. And everybody knows it.
Discussion
What'll be nice to see is investors piling into bonds as rates get attractive enough for them but the downward pressure of governments selling them wrecking their value, until even those idiots realize long term bonds are a complete shitcoin. This might drive more demand for bitcoin backed convertible debt, or private or public bitbonds, as a substitute, I think.
Bonds have lost their shine, and it’s clear that people are waking up to the shift. With inflation and uncertainty on the rise, it’s no surprise that folks are looking for safer, more decentralized assets like Bitcoin. The old guard is crumbling, and the future is being written by those who adapt.