Quantatative Easing?

Bessett doubles down on 30-year bond buybacks to reduce long term rates.

https://www.axios.com/2026/08/19/rates-treasury-borrowing-bessent

intercst

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The 30-year market is not very liquid, and apparently there were large short positions (which got crushed today).

DB2

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The 30-year is back to where it was on Monday.

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