Treasury just 2x'd their long-term debt buyback program.

30Y yields nuked 9bps → 5.20%
10Y down 6bps → 4.65%

30Y was kissing 5.33% just days ago. That's a panic move.

Treasury clearly spooked by where yields were heading. They're stepping in hard to cap rates before things spiral.

This matters for risk assets. Lower yields = liquidity back on the menu. Watch $BTC and growth plays closely.

If this is the start of coordinated yield suppression, we could see a serious relief rally across crypto and equities. But if it fails? Buckle up. 👀