KawzInvests(@KawzInvests):The 30-year Treasury hit 5.34% this week, highest since 2007. US public debt just crossed $40 trillion. Bessent's response was to double how much old debt the Treasury buys back, which pushes yields down. It worked for about a day. The 30-year is already back where it started, and the actual buying doesn't begin until September 9. Buybacks don't change how much new debt gets sold, so this looks like a bandaid to me. $NVDA reports the 26th, Warsh speaks at Jackson Hole the 28th. Volatile week ahead.

2026.08.20 19:25

The 30-year Treasury hit 5.34% this week, highest since 2007. US public debt just crossed $40 trillion. Bessent's response was to double how much old debt the Treasury buys back, which pushes yields down. It worked for about a day. The 30-year is already back where it started, and the actual buying doesn't begin until September 9. Buybacks don't change how much new debt gets sold, so this looks like a bandaid to me. $NVDA reports the 26th, Warsh speaks at Jackson Hole the 28th. Volatile week ahead.