If ten year Treasuries go above 5% before Christmas then they will go much higher very quickly and the decline and subsequent collapse could be very swift.

When you are carrying as much debt as the US is and have not enjoyed a trade surplus for 7 decades it does not take much to tip the balance and cause those you seek funds from to instead turn and demand their funds back.

It would be the on the bank of the century and would end US global hegemony.

Yes it would be good for Bitcoin NGU - it already has been - but be careful, very careful, what you wish for...