So nothing is one-to-one, inversely correlated, right? Generally, when bonds are going up aggressively, it's bearish for risk, right? The dollar going up can also add downward pressure to things like Bitcoin and equities. And the logic behind bonds versus risk explain like you're five. Maybe this is a little older than five. So when bonds are up, this is the risk-free rate. You're basically getting in a deal here with the government, right? Where they're gonna pay you over 5%. So why would you put your money? And this is like as close to risk-free as you can get. Nothing is truly risk-free. The US government could implode tomorrow. I don't know.
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