Bitcoin is an unique asset and it does not depend on bonds or stocks.  There are times of all markets move in similar trend that is abused by market manipulators to say Bitcoin market is correlated with Bond market, stocks market but they do this intentionally to mislead majority of market participants in future.

When bond market, stocks market dump, with this already absorbed knowledge about the non exisiting correlation of Bitcoin market and bond, stocks market, Bitcoin market will be dumped as consequence of fake correlation.

The ROI chart shows that there is no correlation.
https://casebitcoin.com/charts#roi_chart