The Bond market forced Trump to act. Yields in the past 3 days were doing the opposite of what he wanted. Japan and China (largest buyers of Treasuries) stopped buying Treasuries earlier in the week and yields spiked. If China decided to dump Treasuries on the market then the USA would've been vulnerable to collapse.
BUT if the USA collapses then China loses. They're currently playing chicken with each other.
It is NO coincidence the last Treasury auction sold well AFTER discussions with Japan. Most likely Trump got Japan to take up orders as part of the tariff negotiations.
Bottom line? Band-Aid solution. And China has so far won this one, no matter how the US government is trying to spin their 90-day offer.
This isn't over and has a long way to run.
For Bitcoiners, this chaos is wonderful as BTC, more and more, is starting to act like a real safe haven. Not as solid as gold (in the market's eyes) but getting there.
2027 is going to be a GREAT year for Bitcoin. Remind me.
13itcoin
npub1vw…3ccrl
2025-04-10 00:01:13
Author Public Key
npub1vwfnc3qgfalagrhxrqverqn92w0r7lflxw0rt5kenq54jsa4s6js93ccrlPublished at
2025-04-10 00:01:13Event JSON
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"content": "The Bond market forced Trump to act. Yields in the past 3 days were doing the opposite of what he wanted. Japan and China (largest buyers of Treasuries) stopped buying Treasuries earlier in the week and yields spiked. If China decided to dump Treasuries on the market then the USA would've been vulnerable to collapse.\n\nBUT if the USA collapses then China loses. They're currently playing chicken with each other.\n\nIt is NO coincidence the last Treasury auction sold well AFTER discussions with Japan. Most likely Trump got Japan to take up orders as part of the tariff negotiations.\n\nBottom line? Band-Aid solution. And China has so far won this one, no matter how the US government is trying to spin their 90-day offer.\n\nThis isn't over and has a long way to run.\n\nFor Bitcoiners, this chaos is wonderful as BTC, more and more, is starting to act like a real safe haven. Not as solid as gold (in the market's eyes) but getting there.\n\n2027 is going to be a GREAT year for Bitcoin. Remind me.",
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