Bessent got it so wrong:
The financial press are now asking if Treasuries are still a safe haven
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They are trying to spin everything now. They are trying to say inflation is down now. LOL
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Treasury Secretary Scott Bessent is on record saying he is focused squarely on getting the 10-year yield down
This wasn’t supposed to happen:
Importantly, so-called “safe haven” assets, such as US Treasuries, have also experienced volatility. The yield on 10-year US Treasuries spiked at 4.5% on 9 April although has since settled closer to 4.4% – still a sharp rise compared with less than 3.9% two days previous.
The US dollar isn’t looking quite as powerful as it once did.
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Understandable with what is going on. Nobody can trust the United States now, it’s almost like someone is trying to wreck our economy. You could call this the United States Brexit.
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Inflation is falling. Deflation is beginning to roll in.
Fire enough people. Cut enough costs. Cut enough hours. Sure deflation will strike.
We are wasting 4 years.
USexit? With Russian ladies?