Supply and Demandrew

[Ben Hunt @EpsilonTheory]

Not to be all alarmist or anything, but a) this move in 10yr and 30yr isn’t oil or Iran related, and b) something in financial-world is going to break.

[Stern Drew @SternDrewCrypto]

🚨 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.

[Glenn Greenwald @ggreenwald]

The corruption in the second term of the Trump presidency -- profiteering off public power to enrich not just himself but his kids and their spouses with billions of new wealth -- is unlike anything seen before by any American president in scope or shamelessness.

[Christian Keil @pronounced_kyle]

There is unfortunately precedent for this.

Before word processing, document length was bounded by the human capacity to copy long-form text & plateauing.

After word processing, the tax & legal codes grew without check.

[juju 💰 @ayeejuju]

LMAOOOOOOOO

[Dave Smith @ComicDaveSmith]

The Republican pitch to vote for them in the midterms is the saddest thing I’ve ever seen. It makes me genuinely uncomfortable for the people making the pitch.

[Per Bylund @PerBylund]

How fragile is the house of cards that makes up the contemporary conservative movement(s) if they feel they must coordinate a broad attack on libertarianism to justify their own existence? It's a level of pathetic that will be difficult to beat.

[Boston Smalls @smalls2672]

Classic

[Underground Memerian @UndergroundGram]

😕🙃🤡

[Sunny @sunnyright]

Economic policy choices in 2026 be like

[Justin Amash @justinamash]

Basic economics is beyond his grasp.

[ShellBanger @Bangershell11]

Argentine leftists are losing their mind after Milei's party passed a bill to end money printing from the central bank

[Matt Van Horn @mvanhorn]

ELI5: Moderna made a cancer vaccine that is custom for every person.

Doctors read the DNA of your tumor, find what makes it unique, then make an mRNA shot that teaches your immune system, “Attack cells that look like this.”

They combine it with Keytruda, a drug that helps stop cancer from hiding from your immune system.

It just succeeded in a Phase 3 melanoma trial.

Not a cure for all cancer. But a pretty huge idea if it works for other cancers too.

[Police The Police 2.0 @PoliceThePolic1]

🚨 No charges. Just a funeral.

A Rusk County grand jury declined to indict the deputy involved in the shooting, sparing him from criminal charges. The former deputy now faces a civil wrongful‑death case after a federal judge denied his qualified‑immunity bid in 2025.

[Mason @webdevMason]

How normal well-adjusted people become libertarians

[Chris Freiman @cafreiman]

So-called socialist success stories tend to be things like public libraries for the global rich, whereas capitalist success stories tend to be things like doubling the income of the global poor.

[Supply and Demandrew @SupplyDemAndrew]

@RatOrthodox Nice shirt

[Supply and Demandrew @SupplyDemAndrew]

@NyjMike He would do this even when they were down by 20. That's the memory that sticks with me.

[Joshua Reed Eakle 🗽 @JoshEakle]

Matt Walsh's live reaction to SCOTUS upholding a 100+ year old interpretation of the 14th amendment