#Fiscal Policy

We didn't see it coming. Not the liquidity crunch itself, but what it...

The system reports that the US Treasury has intervened in the bond market wit...

The Treasury's Quiet Coup: How Bond Buybacks Are Sidestepping the Federal...

The 10-year Treasury yield is knocking on 5%. JPMorgan's desk notes potential...

The bond market is the quiet giant of the global financial system. When it...

Here is the error: the market absorbed the announcement, adjusted its pricing...

The U.S. Treasury's recent signal regarding bond buybacks has introduced a ne...

The 10-year U.S. Treasury yield is the most important price in global finance...

There's a silence in the Treasury market these days, but it's not the calm of...

There is a scene playing out in the background of every crypto chart, every...

There's a number that keeps me up at night, and it's not a liquidation cascad...

The ledger shows a deficit of 12%. That was the opening line of my first audi...

Over the past 72 hours, I ran a filter on stablecoin flows across the top fiv...

The US Treasury just doubled its bond buyback program. The timing is odd. The...

A market briefing can change the policy map in one sentence. The one that...

The market does not trust temporary fixes. It never has. The US Treasury's...

Hook The market did not mistake a Treasury buyback for a rate cut. It...

Last week, the 10-year U.S. Treasury yield punched through 4.5%, and within 4...

The 30-year US Treasury yield just breached its 2007 high. For those of us wh...

The proposal landed like a thunderclap in Taipei’s legislative chamber: a...

In the code of the bond market, I found the ghost of the architect. The yield...

The U.S. Treasury reported a $432 billion quarterly deficit for Q1 of fiscal...

India just executed a supply event. The asset: Life Insurance Corp. — the...

The ledger remembers what the narrative forgets. On July 20, 2025, the U.S....

Hook Germany’s 2027 net borrowing plan just landed at €118 billion — 7% above...