The decision to issue 2-year treasuries instead of 30-year bonds may not have been a mistake; it could be indicative of a forthcoming forced liquidation in the financial markets.
Most of the global financial system and global banking system is insolvent already with losses on US Treasury bonds. The PPT & ESF are trying to delay an immediate crash. Treasury yields have spiked for weeks.
— Jason Burack (@JasonEBurack) October 30, 2023
CTAs are now short $25 billion of U.S. Equities, one of the largest short positions in the 8 years pic.twitter.com/Bid1y5R7aw
— Barchart (@Barchart) October 31, 2023
To make housing affordable, and if rates stay at 8% and prices stay at current levels, income needs to increase by 63%
Read more: t.co/UgvpyIdesv
— unusual_whales (@unusual_whales) October 30, 2023
Rates have to come down because it's simply too unaffordable for the US government to sustain, Barry Sternlicht has said.
— unusual_whales (@unusual_whales) October 31, 2023
The Treasury expects to borrow nearly $1.6 trillion in net new debt during the six-month period covering this quarter and next quarter. pic.twitter.com/wA7QEBd2jF
— Lyn Alden (@LynAldenContact) October 30, 2023
Wall Street on Alert for Treasury’s Projected $1.5 Trillion Borrowing Ongoing Spree
Wall Street banks predict the U.S. Treasury’s massive borrowing needs will continue, with estimates of $1.5 trillion needed through early 2024, exacerbating the steep increase in long-term yields to the highest since 2007. This borrowing surge is straining the Treasury market and poses sustainability concerns, with Treasury yields peaking and stocks closing lower amid ongoing financial stress.