The orange #dementia patient is now #sundowning in the middle of the day.
The U.S. bond market - also known as Treasury bills, T-bills, or government bonds - got decidedly shaky this week after a period of growing uncertainty. Primarily because US #debt is exploding and it is becoming clear to even the dumbest observers that things cannot continue the way they are.
And the expression "If something can not go on forever, then it will stop" applies here, and what it means is the end of the US #dollar as the de-facto world reserve #currency.
So the US #Treasury has been doing more and more drastic actions to try to prop up that bond market. #Bessent, the new head of the Fed, started trying to massage the "yield curve" by buying back long-term bonds with funds from selling more short-term #bonds, and it worked for a hot minute. Then things got shaky again the next day.
I'll let the news reporters take it from here:
> Trump was asked whether he had spoken with Treasury Secretary Scott Bessent
> about "another type of intervention" after bond yields climbed back to multi-year highs.
>
> "The ultimate intervention is our military," Trump said. "And if we have to use that, we will."
Dear USAnians: your demented president is now threatening to use the US military against ... the US #bond market?
Your mainstream media should absolutely not be able to #sanewash this stupidity, but they probably will.
#USPol #DipshitDonnie #TBills #BondMarket #MangoMussolini #bankruptcy
