Compound248 💰(@compound248):Let the Bond Market Speak, by Stan Druckenmiller Druck writes (with better stats) exactly what I’ve been sharing to my circle about Bessent’s dangerous Treasury repurchase game: Scott’s bluff can too easily be called by the market. Ultimately, Bessent will not repurchase so much that it’s a “QE,” given the risk of runaway inflation. So Scott is jawboning. The recent spike in rates is absolutely a vigilante cry, warning about the debt and deficit. If the politicians won’t enforce discipline (and they won’t), the market will. Rates are the pressure valve.

Compound248 💰

@compound248

"That thing that rich people do where they turn money into more money. Can you teach me how to do that, Jack?” - Tina Fey, 30 Rock Jack, “With my eyes closed.”

参加 June 2020

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Compound248 💰@compound248

2026.08.25 02:49

Let the Bond Market Speak, by Stan Druckenmiller Druck writes (with better stats) exactly what I’ve been sharing to my circle about Bessent’s dangerous Treasury repurchase game: Scott’s bluff can too easily be called by the market. Ultimately, Bessent will not repurchase so much that it’s a “QE,” given the risk of runaway inflation. So Scott is jawboning. The recent spike in rates is absolutely a vigilante cry, warning about the debt and deficit. If the politicians won’t enforce discipline (and they won’t), the market will. Rates are the pressure valve.