James Lavish(@jameslavish):After yesterday’s abysmal 5-year Treasury auction (5.033%, BTC 2.21, ~3.1 bp tail),all eyes will be on today’s $44 billion 7-year auction. A big tail is unexpected after yesterday’s weakness, with investors already anticipating a higher yield. Instead, watch for BTC under 2.5, high dealer allocation (>12%), and indirect (foreign) demand under 60% for signaled weakness. An auction like this will show increasing market dysfunction.

James Lavish

@jameslavish

CFA | Co-Managing Partner of Bitcoin Opportunity Fund | Board Director of Strive (NASDAQ: ASST) | Author of 💡The Informationist Newsletter

가입 August 2009

1.6K 팔로잉 중 173.3K 팬

James Lavish@jameslavish

2026.09.24 14:58

After yesterday’s abysmal 5-year Treasury auction (5.033%, BTC 2.21, ~3.1 bp tail),all eyes will be on today’s $44 billion 7-year auction. A big tail is unexpected after yesterday’s weakness, with investors already anticipating a higher yield. Instead, watch for BTC under 2.5, high dealer allocation (>12%), and indirect (foreign) demand under 60% for signaled weakness. An auction like this will show increasing market dysfunction.