When safe assets compete with risk. Lessons from the 1960s–90s for bitcoin and stocks.
Your day-ahead look for Aug. 11 2026
Source: CoinDesk
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DW NOTE
The 30-year Treasury yield is near its highest since 2007 with the Strait of Hormuz still closed and $1.9 trillion deficits running. If yields push higher, bitcoin will need to justify its price against a risk-free rate backstopped by an insolvent sovereign fighting three proxy wars. That's not a 1987 analogy — it's worse.