🇺🇸WATCH OUT: The US is about to sell $153 BILLION in debt today.
That includes $95B in 6-week bills and a key $58B 3-year note auction.
Strong demand could help COOL yields and SUPPORT stocks and crypto.
Weak demand could push yields HIGHER and pressure risk assets.
JUST IN: 🇺🇸 SEC approves first-ever 3x leveraged Bitcoin and Ethereum ETFs.
• The SEC approved Cboe BZX to list six new Volatility Shares ETFs, including 3x Bitcoin and Ether ETFs, along with 3x gold, silver, crude oil, and natural gas ETFs.
• This is the first US approval of 3x leveraged $BTC and $ETH exchange-traded products.
• These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings.
Good Morning from #Germany, where all listed stocks combined are now worth just 52% of Nvidia, a fresh relative low, down from roughly 9 times in 2020. All German stocks combined are worth <$3tn, vs $5.64tn for Nvidia alone. Germany’s stock market is missing the AI dream.
„MADE IN GERMANY“ WAR GESTERN. 🇨🇳
Der neue XPENG G9L:
Startpreis in China: rund 28.000 €!!
585 PS.
Bis zu 1.602 km Reichweite.
450 km in 9 Minuten nachladen.
Größenklasse vergleichbar mit BMW X7 / Mercedes GLS.
Vor ein paar Jahren wurden chinesische Autos noch belächelt.
Heute sehen deutsche Autobauer ziemlich alt dagegen aus.
Państwa G7 mają uruchomić rezerwy strategiczne w wysokości 100 mln baryłek w ciągu 4 miesięcy. A jaki jest popyt miesięczny na ropę? Około 3 mld baryłek, czyli te rezerwy wystarczą na 1 dzień.
🇺🇸 HUGE: SEC CHAIR PAUL ATKINS JUST ANNOUNCED: „MORE REGULATORY PROPOSALS ARE ON THE HORIZON!“ 🙌🏼
FULL REGULATORY CLARITY INCOMING & NO CLARITY ACT NEEDED! 🚀
🚨 GOLDMAN SACHS DROPS DOOMSDAY STATEMENT: U.S. BONDS HAVE NO BUYERS
Goldman Sachs just admitted the long end of U.S. Treasury market is “totally bidless.”
Translation: almost nobody wants the 10- to 30-year debt the U.S. is trying to sell.
No buyers. None. Zero.
While Treasury Secretary Scott Bessent tells Congress we’re in an “illiquid period,” doubles then triples long-bond buybacks, taps the General Treasury Account to fund it and openly says “I am the house.”
Yields are surging anyway. The 10-year has pushed toward 5.3% and the 30-year is even higher, levels not seen in years while Japan, one of the biggest foreign holders, keeps selling Treasuries and bringing money home.
This was exactly warned by Japan’s @yutokanzakireal that the measures being prepared by Bank of Japan will affect the lives of billions of people and apologized to people of the West.
Soon after, Scott Bessent intervened and effectively took over BoJ operations which Japanese policymakers heavily criticized.
If the same ”bidless” condition hits the short-dated treasuries market, the entire U.S. debt market (and global) collapses.
The U.S. debt crisis will turn into a global liquidity crisis.
🚨 🚨 BREAKING NEWS:
The US SEC just released a proposed new rules and amendments.. 📃 🖊 🇺🇸
CRYPTO CLARITY WITHOUT THE CLARITY ACT IS FINALLY HERE IN THE USA.. 🇺🇸
BOOOOOOM! 🔥 🔥 🔥 🔥 🔥
BREAKING: 🇺🇸 Congress is working on rules to let every US bank and credit union hold crypto, issue stablecoins and move money on blockchain.
TRILLIONS ARE COMING 🚀