đš Treasury tripled its buyback to $6B â yields went UP.
đ 10Y: 4.85% , highest since Nov 2023
đ 30Y: >5.3%
â ïž Wall St wanted $8â10B. Got $6B.
$6B < 2 days of interest on $40T debt.
Bessent: "I am the house now." The bond market: bet. đ
Not QE. Debt management. And it's losing.
$XAU $BTC $ZEC #LAPTOPFoundationXAccountSuspended #USTreasuryToBuyBackUpTo$6BLongDatedDebt #BitcoinSurpasses$79K #BrentCrudeTops$100 #USADPWeeklyEmploymentRises12000
đ 10Y: 4.85% , highest since Nov 2023
đ 30Y: >5.3%
â ïž Wall St wanted $8â10B. Got $6B.
$6B < 2 days of interest on $40T debt.
Bessent: "I am the house now." The bond market: bet. đ
Not QE. Debt management. And it's losing.
$XAU $BTC $ZEC #LAPTOPFoundationXAccountSuspended #USTreasuryToBuyBackUpTo$6BLongDatedDebt #BitcoinSurpasses$79K #BrentCrudeTops$100 #USADPWeeklyEmploymentRises12000