8 hours ago, MIke B Bad said:

Scott Bessent has taken extraordinary, multi‑front action to stabilise the U.S. bond market:

• Doubling long‑bond buybacks

• Hinting at cutting long‑term issuance

• Intervening in currency markets

• Threatening even larger buybacks

• Preparing a fiscal consolidation plan

These moves make him the most interventionist Treasury Secretary in decades.

No signs of panic then?

Not really. All previous administrations engaged in these bond buy-backs. The Trump team just did it smarter, focusing on the long end where the issue was most acute. Well planned and superbly executed.

Interventions in currency markets are also old hat, even the UK did it in the ERM crisis, Japan does it a lot, and here Trump is just helping the Japanese really. Because he's an incredibly nice man.

12 hours ago, MIke B Bad said:

Yep.

I'm still in, but playing with house money now......hoping "the pattern" is going to repeat on cue.......late 2026?

There's definitely a pattern to it all. I wouldn't rule out the crypto space at this time, but there's a lot of worthless junk in the mix.

One thing people are worried about, and rightly so, is the risk posed by quantum computers. In a few years, the existing system will be at risk. I'm not sure how they'll fix that problem.

Why Scott Bessent Can’t Fix the Bond Market

https://prospect.org/2026/08/24/scott-bessent-cant-fix-bond-market-trump-treasury-interest-rates/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Canada%20stands%20up%20to%20Trump&utm_campaign=Kuttner%20on%20TAP%208%2F24%2F26

Every Trump lackey must indulge Dear Leader's whims, no matter how stupid. 👈

On 8/22/2026 at 5:23 PM, Cameroni said:

Not really. All previous administrations engaged in these bond buy-backs. The Trump team just did it smarter, focusing on the long end where the issue was most acute. Well planned and superbly executed.

Interventions in currency markets are also old hat, even the UK did it in the ERM crisis, Japan does it a lot, and here Trump is just helping the Japanese really. Because he's an incredibly nice man.

Boosting the "long end" instead of the "short end". So what?

= You can't fool all the people all the time. Even little retail investors are starting to wonder why the US $ has been king for so long.

5 minutes ago, swissie said:

Boosting the "long end" instead of the "short end". So what?

= You can't fool all the people all the time. Even little retail investors are starting to wonder why the US $ has been king for so long.

It's just that the disaster will come when Donnie is History

3 minutes ago, newbee2022 said:

It's just that the disaster will come when Donnie is History

I have never looked so much forward to a disaster. Can it be sped up?

10 minutes ago, swissie said:

Boosting the "long end" instead of the "short end". So what?

= You can't fool all the people all the time. Even little retail investors are starting to wonder why the US $ has been king for so long.

The positive effect of the bond buy backs lasted exactly 2 days, so I guess people are seeing through it

3 minutes ago, CallumWK said:

I have never looked so much forward to a disaster. Can it be sped up

It buys back long-term government bonds while placing short-term bonds on the market.

U.S. Treasury Yields Fall, Dollar Steady

https://www.wsj.com/finance/jgb-futures-mixed-may-be-supported-by-u-s-treasurys-gains-ca3035c2