High demand and elevated yields in Treasury bonds indicate market caution, sustained high rates, and possible downward pressure on risk assets.

💥BREAKING:
THE FED JUST PURCHASED $20 BILLION IN 3-YEAR BONDS, THE LARGEST DAILY PURCHASE SINCE 2021 QE ERA.

THEY’RE INJECTING LIQUIDITY ON THE SIDE INSTEAD OF CUTTING RATES TO AVOID PANIC.

STEALTH QE IS HERE!

HUGE FOR THE MARKETS.