Markets
Bitcoin and gold surge as Bessent’s bond market intervention weighs on dollar
World’s biggest cryptocurrency on track for best week in more than three years
macro
macro
Bitcoin Crosses $75,000 as US Treasury Expands Bond Buybacks - Whalesbook
Bitcoin Crosses $75,000 as US Treasury Expands Bond Buybacks - Whalesbook
Markets
Scott Bessent takes on bond vigilantes in $32tn Treasury market
Wall Street investors say move to buy more long-term US debt is a ‘band-aid on a bullet hole’
Geopolitics
BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow
BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow
macro
The Strait of Hormuz Is Repricing the Entire World Economy
The politicians continue to speak about the Strait of Hormuz as though this were merely a regional dispute between Iran and its neighbors. That is complete nonsense. The strait is one of the most important arteries in the global economy, carrying roughly one-fifth of the world’s oil and gas shipment
Geopolitics
U.S. record 40 trillion-dollar debts fuel global financial risks - People's Daily Online
U.S. record 40 trillion-dollar debts fuel global financial risks - People's Daily Online
macro
Treasury Bond Manipulation Is Failing Already. What’s Next?
Also, we have a severe clash between fed policy and Treasury bond manipulations.
macro
Treasury to Double Long-Bond Buybacks, Moscow Imposes Fuel Rationing, Israel Unveils Execution Facility
Today's Digest covers US debt and buybacks, costly colleges, Russian fuel caps and ERCOT surge, Iran sanctions, Israeli airstrikes and execution facility, CA's Stop Nick Shirley Act, de-banking, and Clancy's overmedication.
macro
Trump urges bond sales after Bessent increases UST buybacks, Luke Gromen notes - Traders Union
Trump urges bond sales after Bessent increases UST buybacks, Luke Gromen notes - Traders Union
Markets
What is Bessent doing with the $32tn Treasury market — and will it work?
US Treasury secretary has made a high-stakes bet he can beat back soaring borrowing costs
Geopolitics
Yield surge and Treasury buyback: how debt dynamics threaten American dominance - The Standard (HK)
Yield surge and Treasury buyback: how debt dynamics threaten American dominance - The Standard (HK)
Geopolitics
United States debt exceeds 40 trillion dollars for the first time - Atalayar
United States debt exceeds 40 trillion dollars for the first time - Atalayar