$BTC Bessent directly clashed with the big shots on Wall Street!
The U.S. Treasury bond repurchase plan has become a flashpoint of controversy.
With one line—“I haven’t bought anything yet”—he blew up the market!
Even former mentor Druckenmiller was publicly called out.
The Treasury’s move is starting to affect expectations for yields!
To defend the expanded Treasury bond repurchase plan, Bessent said that even if actual repurchases haven’t started yet, the policy announcement itself may already have improved market expectations and strengthened U.S. Treasuries relative to others. He also pushed back on Druckenmiller’s criticism of government intervention in the bond market, emphasizing that hedge fund managers often want policy actions to move faster.
The easiest thing to misunderstand here: when the Treasury repurchases old debt, its goal is mainly to improve liquidity and market functioning. This does not mean it’s QE by the Fed, and it’s not directly financing government spending. Next, what you really need to watch is whether long-end yields can continue to ease after the repurchases actually take effect. If financial conditions also start to loosen, tech stocks and Crypto will both feel the relief.
What Bessent wants to go after right now is the liquidity and order of the Treasury market.
If yields really do get pushed down, that’s when BTC gets the most tangible macro tailwind!
Click the card below—go straight in!👇
$ETH $牛来
The U.S. Treasury bond repurchase plan has become a flashpoint of controversy.
With one line—“I haven’t bought anything yet”—he blew up the market!
Even former mentor Druckenmiller was publicly called out.
The Treasury’s move is starting to affect expectations for yields!
To defend the expanded Treasury bond repurchase plan, Bessent said that even if actual repurchases haven’t started yet, the policy announcement itself may already have improved market expectations and strengthened U.S. Treasuries relative to others. He also pushed back on Druckenmiller’s criticism of government intervention in the bond market, emphasizing that hedge fund managers often want policy actions to move faster.
The easiest thing to misunderstand here: when the Treasury repurchases old debt, its goal is mainly to improve liquidity and market functioning. This does not mean it’s QE by the Fed, and it’s not directly financing government spending. Next, what you really need to watch is whether long-end yields can continue to ease after the repurchases actually take effect. If financial conditions also start to loosen, tech stocks and Crypto will both feel the relief.
What Bessent wants to go after right now is the liquidity and order of the Treasury market.
If yields really do get pushed down, that’s when BTC gets the most tangible macro tailwind!
Click the card below—go straight in!👇
$ETH $牛来
