Friday, March 7, 2025

love when people in administration talk sense ..

comments from Treas. Sec. Bessent were solid that market was hooked on govt spending which requires detoxing as we saw this morning as NFP of 155K was from pvt. sector only while the growth in govt. jobs would be null. ..! 

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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.