Really?  I don't follow the bond market, but it wouldn't surprise me if they're corporate bonds--I'm sure debt is rising just as fast in the business world as it is with government.  Debt never interested me as a speculative instrument, though.  I shall watch from afar.

Now, how about crypto?  I've had a lingering suspicion that bitcoin has been in a bubble for some time now, though after the most recent correction from its ATH I now have doubts--it could just be a growing market, who knows.  The other bubble that might be forming is in the stock market with social media stocks and whatnot.  Right now it just looks like a strong bull market, and there's a big difference.  I can vividly recall the internet stock boom of the 90s, and today's stock market doesn't feel like that at all.  We'll see, I guess.