JohnnyMilkweed on Nostr: Tracking The Fall in real time. Treasury originally framed the increase as improving ...
Tracking The Fall in real time.
Treasury originally framed the increase as improving liquidity in less-liquid off-the-run securities. Now a senior official is explicitly tying the policy to lowering long-term rates. Reuters separately reported August 27 that Bessent favors active intervention to restrain long borrowing costs and that markets increasingly perceive Washington as unwilling to tolerate another major rise in the 10-year yield.
This is now clearly yield management, not merely routine debt-management plumbing. It still falls short of formal or confirmed de facto YCC because Treasury has not announced a target yield or demonstrated repeated purchases at a specific threshold.
Published at
2026-08-28 08:01:38 CESTEvent JSON
{
"id": "7c7a43404f2a741e67995820826c42aace8dbe0f95f5a234e21cd09e1db76a40",
"pubkey": "ab701878befc26097fcdd272bb701aebdfa3d227caac85d28c5d44de84d6d44e",
"created_at": 1787896898,
"kind": 1,
"tags": [
[
"client",
"Primal iOS"
]
],
"content": "Tracking The Fall in real time. \n\nTreasury originally framed the increase as improving liquidity in less-liquid off-the-run securities. Now a senior official is explicitly tying the policy to lowering long-term rates. Reuters separately reported August 27 that Bessent favors active intervention to restrain long borrowing costs and that markets increasingly perceive Washington as unwilling to tolerate another major rise in the 10-year yield. \n\nThis is now clearly yield management, not merely routine debt-management plumbing. It still falls short of formal or confirmed de facto YCC because Treasury has not announced a target yield or demonstrated repeated purchases at a specific threshold.",
"sig": "e26bc119194a9aba217a67f0f7d39e667e736b778c50bc8095b6cf535452ef3c6d57335dcb1be37ec7c652179b8f08e479d6c4b3c20930446b5a1a3b5148b93a"
}
