Bonds are crushing it right now. Since 2020, they've had their best performance in years, making them pretty attractive on paper. But here's the thing—2026 could be a different story altogether.

If you're managing a portfolio that spans crypto and traditional assets, you've probably noticed how bond yields have shifted the risk-reward calculation. The post-pandemic inflation cycle drove bonds higher in ways we hadn't seen before. Fast forward to next year though, and the dynamics start to look messier.

Why? The consensus around rate cuts tightens up. Economic data gets stickier. And suddenly those juicy bond returns don't look as guaranteed. For crypto investors thinking about hedges or diversification, this matters. When traditional markets repricing, capital flows ripple everywhere.

So while bonds have been the comeback story of the past few years, treating 2026 the same way could leave you flat-footed. Worth paying attention to.