I am a metal miner and a trader in commodities both paper and physical. I also trade in Real Estate. I am a very Independent thinker as to people and politics.
🇺🇸 The Treasury just told markets it's going to buy back more long-term government debt, and stocks, bonds and the dollar all moved on it.
Starting September 9, Treasury is at least doubling the size of its liquidity-support buybacks in the longer-dated sectors, from a $2 billion cap per operation to at least $4 billion.
In plain terms, the government is stepping in to buy more of its own longer-term bonds, which supports prices and eases pressure in that part of the market.
Markets liked it right away. The S&P 500 popped, the dollar dropped, and the 10-year yield slid toward 4.64%.
More buybacks mean more demand for Treasuries, and traders read that as a friendlier backdrop for stocks.
A technical debt-management tweak, and it moved three major markets in minutes.
Sources: U.S. Treasury, Financial Juice / Writer: Julie
The US Treasury has announced that it is "increasing liquidity support buyback operations for 10yr to 30yr bonds by at least double."
Translated: The US Treasury blinked.
The IEA Warns Of A MAJOR Energy Crisis Coming Right At Us... "the largest supply disruption in the history of the global oil market."
From Greg M https://t.co/hEK9Hy2WsG
@ImBreckWorsham This guy has too many little deals the new one in Greenland is ridiculous. He blows our money on bombs could care less about a hungry kid, a farmer and piss poor military and economic planning for a guy who thinks he is Alexander the Great and Me Myself and I am.
@ImBreckWorsham No its piss poor planning. Not having the metals that make this mess work got gallium, titanium, cobalt Germanium and Neodymium and Samarium the dont come from Trader Joes. Manufacture the magnets or motherboard Nope. A production line for this acquire materials equals YEARS
@ImBreckWorsham Well it takes a 5 year plan play at this table big deal maker. You cannot build these weapons overnight. Got Gallium Nope Got brains Nope. You have to have magnets to make all this stuff work including aircraft. Your fired should be the theme not blame it on others like Trump.