@michaelsisakov In crypto 2 or 3 days are like eternity.
Keep an eye on rotation from alts to Btc, then will come opposite.
BTW, this run up is produced buy futures plays, not with spot buy.
Accumulation = spot buy.
From PCI day, Wednesday I expect a correction.
@kingcobratrader Open a telegram and there you have a lot of potential tools and cool stuff to make it better. BTW, telegram is Web 3 and no one control your channel.
🚨 The $2 Trillion Shield is Gone. The Bond Market is a Loose Cannon.
For two years, the Fed’s Reverse Repo (RRP) facility acted as Wall Street’s hidden shock absorber. It peaked at $2.5 trillion, allowing money market funds to swallow up massive government debt and artificially suppress interest rates.
Now?
That ammunition is practically zero. The safety net has left the building.
The Only Good News:
🏦The Treasury General Account (TGA) the government’s checking account ...is approaching $1 trillion. This cash pile helps the government pay its immediate bills, buying the plumbing a little time.
The Bad News:
⚠️The TGA is just a temporary band-aid. The underlying reality is that the bond market is now a completely free agent.
Without the RRP absorbing the pressure:
-New debt must be funded by draining actual commercial bank reserves.
-The raw laws of supply and demand are back, pushing primary market yields higher. (Hence the more severe erosion of late)
-The financial plumbing is completely exposed to instability, dysfunctions, and sudden rate spikes.
The era of artificial liquidity suppression is officially over.
Welcome to the free market bond reality.
The pain trade has entered the building.
For one's private perusal.
Enjoy.