Bessent just doubled down: Treasury's buying MORE bonds during illiquid periods
Translation → They're stepping in when nobody else wants to buy
The ammo? $950B sitting in Treasury's Fed account. Nearly 2x what Biden kept. Treasury officials confirmed it's ready to deploy for buybacks.
Upcoming schedule:
• Sept 24: $4B in 7-10yr bonds
• Oct 6: $4B+
• Nov 4: Treasury decides Q4 size — this is when we'll know if it's permanent
Why crypto degens care:
Aug 19 — Treasury announced 2x buyback increase
$BTC ripped past $70k for the first time in 2 months
If buybacks keep expanding through November and push yields down, that liquidity hunts risk assets. Bessent's not backing off. Watch bond yields — when they drop, capital rotates into crypto.
Translation → They're stepping in when nobody else wants to buy
The ammo? $950B sitting in Treasury's Fed account. Nearly 2x what Biden kept. Treasury officials confirmed it's ready to deploy for buybacks.
Upcoming schedule:
• Sept 24: $4B in 7-10yr bonds
• Oct 6: $4B+
• Nov 4: Treasury decides Q4 size — this is when we'll know if it's permanent
Why crypto degens care:
Aug 19 — Treasury announced 2x buyback increase
$BTC ripped past $70k for the first time in 2 months
If buybacks keep expanding through November and push yields down, that liquidity hunts risk assets. Bessent's not backing off. Watch bond yields — when they drop, capital rotates into crypto.
