That Bessent announced to buy back 10-30y they forget to ask with what. Obviously short term bonds.This won't stop long term yields from rising and in addition drive short term yields up. Hilarious, the US central planning committee is now its own best customer, like a drug dealer getting high on his own supply.This is the most incompetent yield curve control in the history of monetary marxist Keynesian voodoo.The Treasury killed the USA and sent it on the path of Japan, the FED lost all credibility. Bessent is getting fired after the Midterms.
