Samantha LaDuc
@SamanthaLaDuc
Proud Founder + Mother.
Curious Cross-Asset Analyst.
Persistent Trader on Chase, Swing + Trend Timeframes.
"Often right for the wrong reasons."
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Confirmed: Treasury buys yen using euros.
As discussed, the long-end US yields are tightening conditions. Some blame Warsh playing coy, but it is especially Japan shortening duration.
Free post below explains!
And it’s these flows - even more than fears Warsh has lost the committee, the plot & the inflation fight - that heightens market risk.
So Bessent has New York Fed intervening today in the FX market on yen’s defense.
Yes, the U.S. Treasury market is trying to manage Japan’s duration shift by absorbing the flow - because no one else will!
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