Ten31 Timestamp: You're Gonna Need a Bigger Buyback
About this episode
The episode discusses the impact of the Treasury's bond buyback strategy on Bitcoin and market dynamics.
The Treasury just signaled it will do whatever it takes to hold the long end together, and Bitcoin ripped toward $80,000 about 45 minutes after the headline hit. 🔗 https://bitcoinproducts.com In this episode: Why doubling buybacks from $2 billion to $4 billion moved markets this much How the TGA could become the Treasury's next source of firepower Investment funds replacing the Fed as the marginal buyer of long end treasuries The US escorting oil out of the Strait of Hormuz under cover of darkness Why the Canada, Mexico and South Korea headlines are all really about China Private credit cockroaches surfacing in the Lakers and Dodgers ownership mess TIMESTAMPS: 00:00:00 - Bitcoin charging toward $80,000 00:01:06 - Bull trap or breakout after months of coiling 00:02:45 - Treasury doubles bond buybacks to $4 billion per operation 00:06:17 - The TGA reportedly on the table to fund buybacks 00:08:42 - A whatever it takes moment with stocks near all time highs 00:11:06 - Who actually buys long end treasuries now 00:12:37 - Underwater bonds and freeing up balance sheet capacity 00:15:34 - Iran, the SPR at 1982 levels and crude stockpiles 00:16:59 - Sneaking oil out of the Strait of…
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