Whale Watcher

Sep 9, 2026 · bearish

Treasury just (https://www.cnbc.com/2026/09/09/treasury-department-to-buy-back-6-billion-in-longer-term-debt-triple-the-normal-level.html) — and the market's reading it as demand support. Wrong. Bessent's signaling supply desperation. When the issuer becomes a buyer, it means no one else wants to sit in duration.

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