The charts that matter: bond yields slip while bitcoin tops $60,000

Cryptocurrency bitcoin soared to over $60,000 this week, while government bond yields fell back. Here’s how that has affected the charts that matter most to the global economy.

Welcome back.

This week, we’ve opened ourselves up to the risk of an environmental backlash with our two main investment features. Our cover story delves into the reasons why, as we strive to create a world free of carbon emissions but keep all the 21st century comforts that the developed world enjoys and the developing world aspires to, we still need fossil fuels. And there’s no getting away from the fact that we’re going to need them for quite a while to come. Andrew Hunt explains why, and picks some of the best ways for you to invest.

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Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.