The Hurdle Rate Podcast(@HurdleRatePod):Matt Cole thinks rising Treasury yields will eventually push policymakers to intervene. His best guess is around 5.25-5.75% on the 10-year. A move above 7%, with $BTC falling to $40,000-$50,000 before a liquidity-driven rebound, is a low-probability scenario he says he doesn’t expect. The reason he remains constructive on Bitcoin is what policymakers would likely have to do in that kind of crisis. “It’s flood the market with liquidity or kill the Treasury market.”

2026.09.18 17:00

Matt Cole thinks rising Treasury yields will eventually push policymakers to intervene. His best guess is around 5.25-5.75% on the 10-year. A move above 7%, with $BTC falling to $40,000-$50,000 before a liquidity-driven rebound, is a low-probability scenario he says he doesn’t expect. The reason he remains constructive on Bitcoin is what policymakers would likely have to do in that kind of crisis. “It’s flood the market with liquidity or kill the Treasury market.” - @ColeMacro