The post Bitcoin Has Never Faced Global Bond Yields This High Since It Was Born appeared on BitcoinEthereumNews.com.
Global bond yields have reached levels last seen in July 2008. Bitcoin (BTC) did not exist then. The asset has never traded through borrowing costs this high, and it is not benefiting now. Gold rose 32% over the past year. Bitcoin fell 46%. Investors who expected a debt squeeze to lift a scarce asset backed the wrong one. Bitcoin and Gold Price Performance. Source: TradingView Bond Yields Return to a Level Bitcoin Has Never Seen A bond yield is what a government pays to borrow. Those costs are now the heaviest in almost two decades. A Bloomberg gauge of long-dated government debt hit its highest yield since July 2008 in May. It tracks sovereign bonds maturing in 10 years or more. 🚨 BOND MARKET CRISIS IS HITTING THE ENTIRE WORLD The Bloomberg Global Long Bond Index yield has surged to around 4.2%, its highest level since July 2008. Long term government borrowing costs are now back at levels last seen during the global financial crisis. With governments… pic.twitter.com/z8D28IloN0 — Bull Theory (@BullTheoryio) August 16, 2026 Bitcoin’s whitepaper appeared that October. The first block followed on January 3, 2009, six months after the peak. Satoshi Nakamoto stamped that block with a newspaper line. “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks,” source, genesis block. Bitcoin was built as an answer to failing government finances. Those finances are strained again. This time the answer is the asset falling. The move is global, though not uniform. UK 10-year gilts pay 5.05%, the highest of the major markets. Germany sits at 3.21%, a high only since 2011. Japan pays 2.88% after decades pinned near zero. Six-panel weekly chart of 10-year government bond yields for the US, UK, Germany, Japan, Australia and France. Source: TradingView “We’re seeing a broader repricing of duration…