Scott Bessent last month: "I am the house now... you can bet against me if you want."
Scott Bessent, this month: "I do not control the bond market."
US bond yields since then:
10-year: up 49.7 bps
20-year: up 44.0 bps
New day, new high for US bond yields.
US20Y and US30Y just hit fresh 24-year highs.
US20Y hits 5.737% and US30Y hits 5.695%.
The bond market is now forcing the Fed to be more hawkish.
30-year: up 42.5 bps
$ADA $BTC
#BTC Price Analysis# #Meme Alpha# #BNBChain#
Scott Bessent, this month: "I do not control the bond market."
US bond yields since then:
10-year: up 49.7 bps
20-year: up 44.0 bps
New day, new high for US bond yields.
US20Y and US30Y just hit fresh 24-year highs.
US20Y hits 5.737% and US30Y hits 5.695%.
The bond market is now forcing the Fed to be more hawkish.
30-year: up 42.5 bps
$ADA $BTC
#BTC Price Analysis# #Meme Alpha# #BNBChain#
