Yes, Meyrick someone has to buy these bonds to keep the game going. Maybe why they are looking at crypto so seriously. Help get away from this bond market shenanigans that has to be kept going.
If anyone knows the bond market it is probably Scott Bessent.
As long as everyone has trust in the system these games can keep getting played by the bankers. When everyone loses trust then it is up. Keep the game going.
Concur. Probably due to having the buyers of our bonds MMF, Hedge Funds, private equity, etc. and not the government itself like in Japan, Europe and other countries. This is the smart money - non-government private market buyers versus the dumb money - government buyers?
Yes, Meyrick someone has to buy these bonds to keep the game going. Maybe why they are looking at crypto so seriously. Help get away from this bond market shenanigans that has to be kept going.
If anyone knows the bond market it is probably Scott Bessent.
As long as everyone has trust in the system these games can keep getting played by the bankers. When everyone loses trust then it is up. Keep the game going.
Thanks jeff, this isn't a problem of the US alone. Indeed I think the US has among the most resilient bond market of all.
Concur. Probably due to having the buyers of our bonds MMF, Hedge Funds, private equity, etc. and not the government itself like in Japan, Europe and other countries. This is the smart money - non-government private market buyers versus the dumb money - government buyers?