BONDS ARE DOWN 30% FROM ALL-TIME HIGHS
The drawdown in bonds is not much less than bitcoin’s drawdown from its all-time high. Legacy finance is demonstrating to be just as volatile as bitcoin. U.S. 30-YEAR TREASURY YIELD HITS 3% Recently, the U.S. 30-year Treasury bond yield hit over 3% as the Treasury bond market across durations and broader credit markets continue selling …