#all Treasury Secretary Scott Bessent's increased Treasury buybacks provide a real-world example of the strategy.
Long-term yields declined after the 30-year yield briefly approached a multi-decade high, while the dollar weakened and risk assets strengthened.
Bitcoin moved from roughly $62K to $81K, while gold climbed above $4,600.
The common thread?
👉 Lower long-term yields + weaker dollar = easier financial conditions and stronger demand for scarce assets.
Long-term yields declined after the 30-year yield briefly approached a multi-decade high, while the dollar weakened and risk assets strengthened.
Bitcoin moved from roughly $62K to $81K, while gold climbed above $4,600.
The common thread?
👉 Lower long-term yields + weaker dollar = easier financial conditions and stronger demand for scarce assets.