Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Joe discusses the rapid yield spike, yield curve uninversion, and why the market believes the Fed will cut rates sooner rather than later. New YouTube videos M/W/F — New Substack posts T/R/S The Bitcoin Layer is brought to you by River and Foundation Devices. Visit https://river.com and start buying today, or visit https://river.com/TBL for $5 free when you sign up and buy $100 in Bitcoin. Go to https://thebitcoinlayer.com/foundation to receive $10 off your purchase of a Passport by Foundation Devices, the most intuitive bitcoin wallet on the market today. Subscribe to TBL on Substack: https://TheBitcoinLayer.substack.com Follow TBL on Twitter: https://twitter.com/TheBitcoinLayer Follow TBL on LinkedIn: https://linkedin.com/company/TheBitco... Follow TBL on Instagram: https://instagram.com/TheBitcoinLayer Follow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Subscribe and turn on notifications for TBL on YouTube. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Sign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistory Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball Block Height 808894 #TheBitcoinLayer #NikBhatia #JoeConsorti #Yieldcurve #USTreasury #Collateral #History #Recession #BIPS #UST #MBS #Trillions #Loses #Gains #Morgages #Morgage #Withdrawl #BTFP #Yieldspike #Fiat #Banks #Cash #Deposit # #Interest #Debt #Statistic #Rates #Interest #Expense #Premium #Treasury #Liquidity #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #Macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - Economic Contraction and Yield Curve Inversion 00:01:37 - The Uninverting Yield Curve 00:03:10 - The Importance of Financial Plumbing in the Economy 00:04:39 - Duration and Interest Rate Risk 00:07:39 - Banks and the Borrowing Model 00:09:02 - Banks Selling Assets and Seeking Bailouts 00:10:31 - Financial Instability and Rate Cuts 00:11:59 - Real-Time Updates on Global Markets

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