"it would be extraordinary if the fresh round of QE fails and Bessent can’t drag 30-year yield below 5%...policy failure would cause US dollar slump, and asset allocation shift to short risk" - Michael Hartnett

"it would be extraordinary if the fresh round of QE fails and Bessent can’t drag 30-year yield below 5%...policy failure would cause US dollar slump, and asset allocation shift to…

Jeremy Siegel warns of the 'Bessent Twist' in Treasury buybacks, while Ed Yardeni says the intervention will 'muck up things' for the Fed.