

Scott Bessent Is at War With Prices — and Prices Are Winning!
Treasury Secretary Scott Bessent is trying to force down US Treasury yields with surprise bond buybacks — and it isn't working. In this video we break down Bessent's activist debt management strategy, why doubling the Treasury's long-dated buybacks is a bet on falling interest rates funded by short-term bills, and why…

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What people are saying
“This channel is on a mad quality streak. Congratulations Patrick”
“They should make a movie about this: The Killing Yields.”
“Apparently the bond market is only 2 weeks away from having a nuke”
“"spending your rent money to day-trade your own IOUs because you didn't like the price the pawn shop quoted". This is art, Patrick...Art!”
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