Wall Street rebounds, but weekly losses loom. • Dow, S&P 500 & Nasdaq opened higher after Thursday’s selloff • Bitcoin surged toward $80K • S&P 500 & Nasdaq are on track to snap a 3-week winning streak • Treasury yields remain elevated • Brent crude is holding near $93–$94...
Treasury Sec. Bessent says long-dated Treasury buybacks could exceed $4B per operation. Thin summer liquidity + elevated yields = Treasury stepping in harder. If the long end comes down, Treasuries become less competitive with risk assets and financial conditions can loosen...
🚨 BTC just ripped from ~$65K to $75K in a day. What's actually happening: 1️⃣ US Treasury doubled bond buybacks ($2B→$4B) to ease debt market strain → risk-on rally 2️⃣ $3B in short liquidations in 24h (largest since 2021) → classic short squeeze feedback loop 3️⃣ Trump pushing...