Ten31 Timestamp: You're Gonna Need a Bigger Buyback
<p>The Treasury just signaled it will do whatever it takes to hold the long end together, and Bitcoin ripped toward $80,000 about 45 minutes after the headline hit.</p> <p>🔗 <a href="https://bitcoinproducts.com">https://bitcoinproducts.com</a></p> <p>In this episode:</p> <ul> <li>Why doubling buybacks from $2 billion to $4 billion moved markets this much</li> <li>How the TGA could become the Treasury's next source of firepower</li> <li>Investment funds replacing the Fed as the marginal buyer of long end treasuries</li> <li>The US escorting oil out of the Strait of Hormuz under cover of darkness</li> <li>Why the Canada, Mexico and South Korea headlines are all really about China</li> <li>Private credit cockroaches surfacing in the Lakers and Dodgers ownership mess</li> </ul> <p>TIMESTAMPS: </p> <p>00:00:00 - Bitcoin charging toward $80,000 </p> <p>00:01:06 - Bull trap or breakout after months of coiling </p> <p>00:02:45 - Treasury doubles bond buybacks to $4 billion per operation </p> <p>00:06:17 - The TGA reportedly on the table to fund buybacks </p> <p>00:08:42 - A whatever it takes moment with stocks near all time highs </p> <p>00:11:06 - Who actually buys long end treasuries now </p> <p>00:12:37 - Underwater bonds and freeing up balance sheet capacity </p> <p>00:15:34 - Iran, the SPR at 1982 levels and crude stockpiles </p> <p>00:16:59 - Sneaking oil out of the Strait of Hormuz after dark </p> <p>00:17:58 - South Korea, Mexico and Canada trade headlines point to China </p> <p>00:21:46 - Mark Walter, the Lakers sale and private credit's cockroach problem </p> <p>00:23:28 - How a credit daisy chain could blow up the whole strategy </p> <p>00:25:45 - World Liberty gets conditional charter approval from the OCC </p> <p>00:27:38 - Stablecoins and a dollar system that looks pre-1913 </p> <p>00:28:40 - Trump defers on buying significantly more Bitcoin</p> <p>SUBSCRIBE </p> <p>› Newsletter (free): <a href="https://tftc.io/bitcoin-brief/">https://tftc.io/bitcoin-brief/</a> </p> <p>› YouTube: <a href="https://youtube.com/@TFTC?sub_confirmation=1">https://youtube.com/@TFTC?sub_confirmation=1</a></p> <p>FOLLOW US </p> <p>› X: <a href="https://x.com/tftc21">https://x.com/tftc21</a> </p> <p>› Nostr: <a href="https://primal.net/tftc">https://primal.net/tftc</a></p> <p>FOLLOW MARTY </p> <p>› X: <a href="https://x.com/MartyBent">https://x.com/MartyBent</a></p> <p>› Timestamp: <a href="https://www.ten31timestamp.com/">https://www.ten31timestamp.com/</a> </p> <p>› John Arnold: <a href="https://x.com/JohnArnoldTen31">https://x.com/JohnArnoldTen31</a> </p> <p>› Ten31: <a href="https://ten31.xyz">https://ten31.xyz</a></p> <h1 id="tftcmartybenttreasurystablecoinsprivatecredit">TFTC #MartyBent #Treasury #Stablecoins #PrivateCredit</h1>
